this post was submitted on 24 Jun 2024
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So I know layoffs don't make revenue go up. But in your previous comment you said revenue drives the stock price.
You are so sure of yourself, anyone who disagrees must be an idiot. And you then miread what they are saying because they must be idiots.
But at this point you have just validated what I am saying. You said there is no metric for covid. Correct it was people perceived evaluation that drove the price. Which is what I have said all along. Everyone can see the numbers, so the numbers no longer matter. When you buy a stock, you are betting others will too, but for a higher price. And if you both have the same numbers, then it isn't numbers that would make the difference, it is perception.
Revenue is one of the metrics that since stock prices. There are many, but the point is it's not just all random speculation, it is metric driven.
Maybe I "miread" what they're saying because they're not expressing it correctly. You said quality doesn't matter in products, the stock market is all just guess work, and that you can't run a 4:1 QA to dev ratio. All that is just clearly wrong. You're saying these things so matter of fact like but they make no sense to anyone who's worked with those things.
No.... People's perceived value did not make the stocks go up. You said I misread, you clearly didn't read what I said. COVID impacted revenue in an unpredictable way, that impact to revenue effected the market. Lots of crazy stuff happened during COVID, not all of it effected revenue. You act like the stock market is a bunch of people guessing, like there isn't a massive skill to it. Knowing what to look for and what to track, that's how a lot of investment firms work. Hiring people who watch market behavior and metrics.
When you buy stock you're investing in a commodity, just like gold. The value of that commodity is then impacted by many factors that can effect the value of that commodity. It's not just guess work and make believe lol.