@Ryan_Shea_1@cryptomanran When earnings miss or beat market's previous expectations, market expectations changes accordingly, and price moves accordingly.
@Ryan_Shea_1@cryptomanran Or do i have to be more specific and say "current earnings in comparison to previous earnings expectations"? High earnings below even higher earnings expectations may lead to price drop. Its still due to current earnings data that cause the price to move.
@Ryan_Shea_1@cryptomanran If a company had little earnings and still have high future expectations of earnings, and are priced accordingly, don't you think that if they then posted even higher earnings than expected, price will go up even more? and vice versa?
@Ryan_Shea_1@cryptomanran They affect future earnings expectations. I didn't say current earnings are the only explanation for future earnings. You have been consistently putting words in my mouth for the sake of argument. I agree with everything you just said, other than the insults.
@Ryan_Shea_1@cryptomanran Future earnings are earnings lol. And current earnings affect expectations of future earnings, because they are the outcome of "future earnings" expected in the past. These are all under the category of "earnings". So "earnings" as a factor absolutely matter.
@bitbitcrypto Future market moves in response to Strategy selling won't be nearly as much of a ratio to the amount they sold. Eventually their sells will mean nothing to the market. Then STRC dividends will truly be backed by 30+ years of assets.
@rickjeff78@CryptoElite007 You can't default if you have no obligation to pay. Strategy is selling BTC to signal the market they WILL sell to pay for dividends, and that BTC price should not move more than the direct impact of Strategy's buying and selling, while showing STRC their dividends are secure.
@Ryan_Shea_1@cryptomanran Justification for something doesn't mean it is true. There were many justifications for the sun revolving around the earth in the past, however wrong they were. In the end, "justifications" drive real market buys and sell, which moves price. Other than that, we are in agreement.
@Ryan_Shea_1@cryptomanran My argument was based on you meaning "should", and how earnings don't matter when they actually do. If you meant "need", then nothing matters. But your replies in the thread you try to explain how earnings don't matter for stocks "needing" to reach ATH, when nothing matters.
@Ryan_Shea_1@cryptomanran There's no point in debating if we aren't aligned on what we are debating about. Simply, do you think its justifiable for stocks to hit all time highs? That is what I think you are disputing. If you want to dispute this, our debate can continue. Don't cling on to semantics.
@Ryan_Shea_1@cryptomanran All I need to prove you wrong is that stocks CAN hit all time highs for logical reasons. Which is obviously because of investors expectations and market demand. Why else do you think price moves?
@Ryan_Shea_1@cryptomanran I never said they NEED to hit all time highs... I just said it doesn't make sense to say theres NO reason they need to hit all time highs... You still don't understand the difference in logic... Just ask grok here in this thread...
@Ryan_Shea_1@cryptomanran Then what was all that push back for? You agree "There is no reason why any equity needs to ever make another all time high either." doesn't make sense? It was all somehow sarcasm?
@Ryan_Shea_1@cryptomanran Brushing teeth is a reason people don't get tooth decay. But it doesnt mean there is NO REASON for people to get tooth decay. Having a reason for something to not happen doesn't mean that thing should not happen at all.