@RebellioMarket Yes someone gets it, but if you dont sell and the value goes down nobody gets money its just worth less. Like buy jeans from the store and if you were to sell it online used itd be worth half. If you actually sell it you lose money otherwise the value of it is just lower
@elberlim@stocktalkweekly Its cause bunch of young people margined the market to heck then when market goes down they need to cash out everything. Its a domino effect. Im suprised US hasnt been hit harder
@JungleStocks@stocktalkweekly The problem ia this wont keep up for more than maybe another year or 2 and revenue will die off this happens with cyclical industries like natural gas. The price jump profits increase. Price drops profits plummet. People know that 1 year from now profit will be down
@1BeaverBeliever@growthrapidly No rally tomorrow. It will be down either 1% or a 3 to 4% drop. Japan dropping 10% should tell you no way in heck is there a rally tomorrow
@dezmondOliver A 2 trillion dollars market cap for a company that will lose like 16 billion this year and you think its a good idea to hold it? Ill message you when its at 80 dollars and ask if selling at 125 dollars is a good idea
@dezmondOliver Ah yes selling at a 10% loss vs a 50% loss big idiots... yall have no idea how bad things can get. Even 2022 drop was almost 30% drop. It can happen any time. Your 100k going to 60 or 70k vs 90k is much worse
@DeepDishEnjoyer I do taxes for a guy who lost 64 million dollars in 2024.. but then again if he sold all his assets hed be worth around 800 million lol