the market has trouble with valuations. Seen stocks at $1 that end up being 10c and vice versa. The share price moves around a lot. As Buffett would say..'if the market was efficent, i would be broke'. just buy things people dont care about, but have the results. Ultimately, we will have a party here imo. if we had a normal martket, SRM would be 50-70c now, so everything outside normal expectatons is your discount over time.
SRM clearly has several traders flipping it about, they hardly matter over time. Its totally normal for people to live off stocks in the early stages. its all good. 1000 shares in the match, is a classic move. No imagination required.
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