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Re: horst post# 562

Tuesday, 05/11/2021 7:54:19 AM

Tuesday, May 11, 2021 7:54:19 AM

Post# of 607
In the "real" world market place, MOST Stocks Value Are hypothetically valued based on a price per earnings(or other type) ratio. I realize there are the outliers that defy reasonable ratios but most don't trade beyond A certain multiple range. In theory I hear you saying that these shells can be worth millions if not billions and it doesn't matter. If a new company coming in Ends up being way over valued for its earnings or profit.... Wouldn't that keep the price from increasing for quite a while which could leave it stagnant. It would seem silly for a company with 2 million in annual profit to be trading for a market cap of 100 million.