• @SorteKaninA
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    413 months ago

    Because the stock market is mostly based on mob thinking/human psychology rather than being based on reality.

    • @Ilovethebomb@lemm.ee
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      fedilink
      123 months ago

      Not mostly, but people are buying Truth Social shares not because they think it’s a sound financial decision, but because they support the company. It’s meme stock logic.

      • @SorteKaninA
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        43 months ago

        That’s basically what I meant with mob thinking.