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Re: JohnnyVee post# 277

Thursday, 12/22/2022 3:22:51 AM

Thursday, December 22, 2022 3:22:51 AM

Post# of 464
It’s not that different, if a company can’t make a profit it’s going to struggle. If they constantly go over budget the bankers will get bearish on their outlook.
I’d say until the FED feels they have inflation under control the price may decrease. But it’s not out of the question that ALGO keeps growing in value even though the market price is going down and then when the economy is in a better place the market will correct the price if it’s undervalued.
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