this post was submitted on 11 Jun 2026
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[–] bigbangdangler@reddthat.com 31 points 22 hours ago (2 children)

You know how you can put something on eBay for any amount of money? Of course it won't sell if it's priced too high, but the price can be set however.

Then people with random items go on eBay. They see their item priced at some exorbitant level and make the jump: "this thing is worth so much money!" Even though it isn't worth that. It never sold for that. Someone just picked a number.

Starting to feel like this is how valuations work.

[–] kbobabob@lemmy.dbzer0.com 1 points 10 hours ago

So are you saying no one is buying the stock at the listed price? I'm confused by this analogy.

[–] freedom@lemy.lol 8 points 19 hours ago* (last edited 19 hours ago)

Except they can force you through retirement funds to buy it regardless.