He just keeps going up in my estimation.

  • UnderpantsWeevil@lemmy.world
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    6 days ago

    People have been saying that since Biden. But so much of the capital is tied up in Hedge Funds and at such a high price point that there’s not a lot of people to sell it to.

    Dumping stock only makes sense when there’s someone to take your bags. If you don’t have a designated mark (the US Treasury during the '08 collapse, for instance, or the recent 10% stake in Intel that the government just took) then all you can do is hold.