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Yeah, but "<company> at <ridiculously inflated price> is not far-fetched" is a great way to get people to think "it's not there now, but it will be", which is almost explicitly an attempt to boost stock prices.

Not everything is about stock prices, but some things are.

>> such an uncritical way to think that you will find it consistently promulgated by the drunkest person at the shittiest dive bar in the most backwater town in any state in the US

I have been to that bar, and trust me, they do not talk about the stock market or IPOs there.

Spoken like a true coastal elite lmfao. “People in dive bars don’t have such highfallutin concepts as ‘business people lie to enrich themselves’” hahaha

> one of the premier finance news publications in the world

i know what you mean, and it got me wondering, by what metric? i don't know that answer.