How can it be a bubble?
In general, bubbles are when a stock’s prices spikes unjustifiably far beyond the underlying company’s fundamental valuation.
The begs the question: Why would a stock’s price *justifiably* double over some period of time?
Answer: If the total value of it’s assets and near-term contracts (Accounts Receivable and things like that) do…
Keep reading with a 7-day free trial
Subscribe to Weekly Catalysts to keep reading this post and get 7 days of free access to the full post archives.