Outed cards, now including a 130K gain on an Aaron rookie

[japhi]

Originally Posted by Republicaninmass

Take sept 14th 18 to dec 19, only about a 10% increase in the sp. Most people arent showing that big Oct-dec dump in 2018 to tout how well stocks did this year. Hey 10% ain't bad, but the "28%" just is accounting for that big drop.


No FOMO and price manipulation in stocks?


No Fraud in stocks? People lost about 90% on this TEUM company lying about earnings. Did that stop the "28%" gain on the SP?

My point was equities have been doing well the past 4 years. And yes stock prices are a joke, pe ratios are crazy high. Cheap money, etc. The fact that cards have stagnated in this environment - easy, cheap money - suggests we are at a peak. If money tightens up look out, and if some whales exit could be real ugly. JMHO.