No, it's because it's a crap overpriced stock. People are buying it thinking its the next Afterpay/ZIP but it has no fundamental business model, customer base or really anything proprietary. My opinion of course but if you DYOR, I think you might come to the same conclusion.
At the current minute, I don't think this company is worth more than low $XX million. Anyone buying it at the current valuation is paying a multiple on the real valuation of the company.
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No, it's because it's a crap overpriced stock. People are buying...
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