...No, but that's the price of paying too much for a much loved stock during the bubble it was in.
...24 years later with half the value invested.
...this is why I said people are dead wrong to assume that as long as their stock makes money, the price would return to its glory days. Most times, the stock went skyhigh to levels never to be revisited because the circumstances the company was then never returned.
....would that apply to lithium stocks? Possibly, it applies to any stock that were in a 'exuberance bubble' at one stage.
....some stocks had higher market caps before they started generating revenues, but once they did, their valuation never returned to the all time highs they had (before they started having revenues).
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If you invested $10,000 in Intel $INTC at the peak of the Dot Com Bubble, you'd have $5,012 today (dividends included). Not bad
