APT Diary, page-216

  1. 440 Posts.
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    The share price slipped from $160 to $90. Crickets are coming out of the woodworks, stridulating excitement as if the price drop has vindicated their theories.
    The truce of the matter is, nothing has changed except the price. If anything, the environment for innovative companies is more promising when the broader market has fully recovered from the pandemic lows. Short-term price fluctuations should only excite traders and callow investors. These crickets will go back to hibernation as soon as the SP resumes its march towards new highs. It won't take too long.
 
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