I partially agree with the logic - yes they are overvalued but the federal reserve has invested something like $4T + in the market, so till the time they do not pull out I do not see the possibility of a massive correction. The way the printer is working at Federal reserve I am not sure if this bubble will ever pop. I am looking forward to the day when they will finally realize that they cannot kick the can down the road anymore and move to Krypto.
TNT Price at posting:
26.3¢ Sentiment: Buy Disclosure: Held