nearly all the companies 10 bil, make atleast 200-300 mil profit or something. COH, RMD, FPH,A2M all make profits for years and years pre COVID.
this never made any.
the only group that gets such valuations without earnings is the cloud SaaS or a Fledgling Biotech and this isnt in that sectors.
XJO hyping up, all the oversold rubbish is rising on my watchlist today e.g oil stocks.