Stock prices have nothing to do with the valuation of a company. It all comes down to earnings and profitability metrics. Just because a stock is $1 doesn’t make it “cheap”. Same goes for a stock selling for $1600/share. It doesn’t make it “expensive”. DO NOT BUY OR SELL SECURITIES DISCUSSED BASED SOLELY ON WHAT YOU HEAR. THIS PODCAST IS FOR EDUCATIONAL PURPOSES ONLY.
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