A constantly updated graph in the opening post where the starting point is the beginning of the thread. Investors understandably like rising stock prices.
I started my Macy’s thread at this point:
The discussion was good at first, but skeptical. The stock also crashed -50% after the start and remained at a very low level for a long time (whatever the price, it can always crash -50%). Perhaps the sentiment is such that companies with rising stock prices are considered good precisely because the price has risen, and if the price collapses, pessimistic narratives are created. For me, success in stock investing is success in predicting fundamentals, i.e., how the company’s financial position and earnings develop after the time of purchase. Macy’s is now trading at P/E 5.18, and a growth in the valuation multiple to around P/E ten would double the price, but you can’t influence the markets.
