Up cycle now, page-281

That about sums it up - people think the sp must keep going up just because the landscape is "improving".
No regard for business fundamentals or assessment of actual metrics (current and future) e.g. earnings, debt etc etc.No regard for what "the market" considered "fair value" (market cap) pre-covid.No regard for the fact that the sharks are supporting the rise so they can influence and scalp retail, after buying millions upon millions under $10.
This all leads to unsustainable bubbles; just don't be looking for a chair when the music stops, because the big boys will have taken them all and leave you holding the bag! If people are agile enough to trade it, good for them, but it's the poor suckers with FOMO that think they're "investing" in the company that get screwed in these scenarios, imo.

GL!