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The stock is bid up at extraordinary levels in the first couple of really days and weeks of its introduction.
The stock is bid up at extraordinary levels
So why is the market so willing to take one sentence, you know, one news cycle and sell oil off rather than saying, look, war makes its own momentum and there are two or three or 12 sides here and we're going to continue to bid up this price?
and we're going to continue to bid up this price"?
Someone could theoretically gain or lose millions in wealth without actually doing anything by simply sitting on their shares while others bid up the prices or sell in a panic.