Cult stock. Like TSLA. Fundamentals don't matter....until they matter. But hard to fight it until they do. Trail up stops. 

    Apple is also in every

    Posted by mla127 on 17th of Aug 2022 at 12:55 pm

    Apple is also in every funds known to mankind seems like lol ....  that helps 

    They buy back a lot

    Posted by timebandit on 17th of Aug 2022 at 01:03 pm

    They buy back a lot of stock.

    Cult stock? People buy them

    Posted by tgo5043 on 17th of Aug 2022 at 12:46 pm

    Cult stock? People buy them because they realize ( by experience) how totally superior they are to all competitors. Good reason to own in my books.  

    Cult stock? People buy them

    Posted by tgo5043 on 17th of Aug 2022 at 12:46 pm

    Cult stock? People buy them because they realize ( by experience) how totally superior they are to all competitors. Good reason to own in my books.  

    The fundamentals don't match the

    Posted by DigiNomad on 17th of Aug 2022 at 01:03 pm

    The fundamentals don't match the valuation. That said, I said the same thing about AMZN for probably a decade until I was eventually right. That's why I simply said "trail up stops"

    The market can stay irrational longer than many can remain solvent. Don't bet against cult stocks (disclosure: I'm short BBBY SEP 02 expiration, 40 strike calls)

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