> If they keep growing at
And that's where the falacy is. Nothing keeps growing forever. Past performance is no guarantee of future results.
You don't need great analysis to see that something that has appreciated 131 times in less than a year is a bubble, unless they cured cancer or seriously undersold at their IPO. And no one undersells by that much.
You don't need great analysis to see that something that has appreciated 131 times in less than a year is a bubble, unless they cured cancer or seriously undersold at their IPO. And no one undersells by that much.