Bert Hochfeld Quotes
I think the stock had been very extended in terms of valuation, in any event, so I think it was very vulnerable to something like this... I think that the valuation of the shares at several hundred times revenues was so extreme that it didn't take much.
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Stock | Extended | Terms | Valuation | Event |
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War does not present a backdrop in which people follow their expectations of the future as if there wasn't a war. It's uncertainty that's unnerving investors.
- Bert Hochfeld
