You know, the more I read about this bad boy the more out of whack my universe got. I just could not compute how in the hell this thing was over $2/share much less $20+, finally last night, in a flash of brilliance I found the answer. It all goes back to one of my fundamental tenets
"If you observe a contradiction, check your premises, you will find that one is wrong." --Ayn Rand (Atlas Shrugged)
One of my premises was that there's a sucker born every minute. This is of course wrong. When it was originally quoted, it was true, but the earth's population was only in the 1 billion range. Today with the population probably pushing 6 billion there are 6 suckers born a minute, and they're all buying this stock. Having now corrected this premise I am finally able to come to grips with this stock being over $20. Oh sure, there are the fits of laughter, but that's par for the course for any "company" like this with stock priced at these levels.
Mr. Burns |
