Originally Posted by
FNGFO
Actually it’s a very apt comparison because it’s an indicator of Wall Street’s confidence in the company, and its fairly low with them.
This isn’t true at all. I don’t know if we are confused and arguing different things but stock price means nothing. It’s the direction it’s going and the market cap. If Spirit puts out 100 stocks and they are worth $1 and JetBlue puts out 10 stocks worth $10 then the stocks are worth the same and they go up and down from there as the company performs or underperforms. Apple stock is at $150 and google is $1000. Does that mean google is worth 7 times as much as apple in your mind?
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