..this thread has highlighted that stocks typically FRONT-RUN their potential
..now Zoom was the poster child of WFH (work from home) video conferencing technology and it shot up exponentially during the Covid WFH period that most of us have been through, but today its stock has crashed and burnt, yet despite WFH becoming a lesser spoken news item, it is because it has become a new norm, and am sure the usage of Zoom is no less than what it was back then when Zoom shot to the moon. It is now being adopted more widely, yet its stock premium has been crushed.
..It is simply because Zoom, as with whatever mania, front-run its potential.
..Front-running happens in every case: from Cisco the Internet poster child of dot.com era, to Solar panel stocks, to WeWork, to Tesla/Rivian in EV era.
..I believe the same case applies to lithium stocks as well as they track EV fortunes closely.
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Zoom ended the day at a new all-time low, down 90% from its peak in October 2020.
https://x.com/charliebilello/status/1780331397078450204
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..this thread has highlighted that stocks typically FRONT-RUN...
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