Quote:
Originally Posted by Humdizzle
stock valuation has always been lost on me. Many say tsla is still overvalued at its current dip of $600 and should realistically be $350-400.
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It is not just you brah, no one really understands these short term fluctuations. AMC recently diluted its stock by accepting about $230M investment in form of stocks from Mudrick Capital which immediately sold their shares on Tuesday because it was "overvalued". Had Mudrick Capital waited another day they would have made another quarter billion in profits.
Short terms fluctuations are a crapshoot but long term value of AMC is not $65.