buy it and be laughed at, isn't it
If stock prices were determined by financial results, everyone would be a billionaire. Stock prices depend on institutions and locusts. If you don't buy it when it's down, it goes up all at once due to buybacks from institutions, and the shopping place ends. Even when I bought Palantia for around $6, the bossy locust said that Palantia would go bankrupt lol
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エコさん : What is a locust?
ゴールドロジャー OP : Short-term speculators who only look at stock prices, not corporate value, are called locusts.
It's a metaphor for a stock price to rise too rapidly and jump to the stock price if you don't miss the ride is similar to a locust.
I learned the term locust 10 years ago when I was investing in Tesla.