Quote:
Originally Posted by freebeard
What does this even mean?
I'm supposed to have a beer with their Customer Experience Manager (and possibly others) next week. The agenda is tiny houses. Do you have a question.
|
You know how economic theory goes; we assume rational actors to factor in data as presented to them. Ramping production should be baked into the stock price calculus already because that was already made public.
It's like how the stock market as a whole recovered quickly despite tons of stuff being shut down. The market anticipated business as usual at some point, so it brought the value of everything back up. We're still worse off than Feb of last year, but the market assumes we're going to be doing great soon. I'm not so sure. China is going to eat our lunch in about 4 years.