• SkyeStarfall@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    2
    ·
    6 months ago

    The whole point is that the market’s irrational, why would I buy shorts and basically gamble away my money? The literal point of this thread chain is that the stock value is disconnected from real-world practicality.

    • Guest_User@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      6 months ago

      That’s my point with my last comment. It would be gambling because no one can really tell where the company is going. People say they know company X will go up or down but never put their money where their mouth is. If a company fails, the stock will go down. If the company does well, the stock will go up. Absolutely the relationship between company health and stock valuation is a bit blurred, but they are clearly closely related.