Aim for It’s Butthole
Ultraman - A Gift from the Sky (E34)
1967 / Tokyo Broadcasting System / Hajime Tsuburaya
shout out to Ultraman ultrastan @BryanBaugh for this important butthole dub tip #buttholepatrol
⚡️sound on⚡️
Finance 101 every investor should know
Market value, market capitalisation, or share-price-implied market value (all synonyms) is nothing more than the price at which the latest transaction in a stock took place, multiplied by the total number of shares outstanding, including dilutive instruments.
Imagine you read that a public company is "valued at" or "worth" $1.0 trillion, meaning $1,000 billion.
Now assume this company has 10.0 billion shares outstanding. Its share price must therefore be $100:
$100 × 10.0 billion shares = $1.0 trillion.
Now imagine that only a small number of shares are bought and sold at $200 per share. The company’s share-price-implied market value, or market capitalisation, immediately doubles to $2.0 trillion.
But that does not mean investors collectively paid $2.0 trillion for the company. It merely means that the latest transaction took place at a price which, when multiplied across all outstanding shares, implies a market value of $2.0 trillion.
Now imagine that only a tiny proportion of the company’s shares can actually be traded because most shares are locked up or otherwise unavailable for sale. This creates very limited supply. Because only a small number of shares are available, relatively little demand is required to absorb that supply and keep pushing the share price higher.
For precisely this reason, the share-price-implied market value of a stock with very limited supply can easily become inflated. The restricted supply prevents genuine price discovery.
The proportion of shares that is actually available for public trading is called the "float" or more precisely "free float" (free floating shares, ie not held without selling). A company with an unusually small float should therefore be treated as a red flag. There is a significant risk that investors are buying at artificially inflated prices. That's also why we used to have minimum float requirements. This is no more.
As lock-ups expire, insiders become able to sell, new shares are issued, or other restrictions disappear, the float increases. The stock is then exposed to greater supply and more genuine price discovery, which can cause the share price to fall sharply and turning you, if you bought before all that happened, into exit liquidity at inflated prices.
Quiero decirles algo a las esposas.
Si su esposo no fuma, no vapea, no se acuesta al amanecer y no anda detrás de otras mujeres...
Deténganse un momento y observen cómo transcurre su día.
Porque la mayor parte del tiempo su vida es así:
Shameless Russian vatniks exploit disabled kids to get gasoline.
This whorc is bragging that she "rented" a disabled kid to buy gasoline ahead of queue.
Orcistan it is.