Thread 60838610

Why do stock prices have anything at all to do with a company?

Example: let's say $AAPL vs. "Apple Coin" (random shicoin I just made up). People understand that Apple Coin has literally nothing to do with the stock price, and people only buy it cuz it go uppp.

Why is the stock any different than that? Let's say Apple has bad earnings for a month. How does that *actually* harm shareholders in any way? It's like there's an agreed upon game that doesn't have to be followed where investors just buy if the company does well and sell if they don't. They don't *actually* have to do that.

Make it make sense.

>>60838610 (OP)
shitcoins are just about generating hype then trying to dump your bags once big money comes in before you get dumped on. everyone knows this, that's the entire point. let me know if you have anymore dumb tourist questions

>>60838630
Oops retard didn't answer my actual question

>>60838610 (OP)
a share represents partial ownership of a company so when it does good more people want to own it and when it does bad less people want to own it

Because if you own the company you can liquidate its assets and pay yourself. If you pay too much for a company they can dilute your ownership and steal your money.

>>60838635
to be fair I didn't read your post because it looks like a leddit pasta and probably is, still haven't read it. let me know if you have anymore retarded tourist questions

>>60838610 (OP)
bagholder since 2018
dead inside
click kek (kek) with dextools “just to look”
end up buying
double my portfolio in 48 hours
dead inside but now rich

>>60838667
fair enough desu

>>60838610 (OP)
It used to be because of dividends
>Okay but now most companies don't pay dividends or pay way less
Well now its because of no reason

>>60838778
>Well now its because of no reason
That's all I wanted to hear, thank you

>>60838778
Companies reinvest dividends which makes the company more valuable as they gain more assets etc.
Also, they do share buybacks with the dividends which reduces supply of shares (it's like doing a token burn in crypto) which makes the company more valuable.
Basically you need to trust the process on how the market values shares. It's based in reality.
What you should really be questioning is why crypto has any value.

>>60838883
>makes the company more valuable
So what

>>60839511
Jew magic

bupmm