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The way stock market valuations is calculated is absurd.  Take a company with 1,000,000 outstanding shares, trading at $10/share, and is thus worth $10,000,000.  One nut buys one share at $20 and - ta-DAH! - the company's stock market valuation is $20,000,000.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Mon May 19th, 2014 at 01:32:32 PM EST

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