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Investors: "The stock market is completely rational, it's a perfect market!"

Gizmodo: "Investors Appear to Think Bluesky Crypto Firm Is the Bluesky Social Network ... "
(ps. it's not the same company, and some penny stock promoter is making bank this week)

gizmodo.com/investors-appear-t…

#investing

The Canadian crypto company Bluesky Digital Assets Corp has seen its stock take off, in a manner of speaking, over the past week as investors buy up what they almost certainly think are shares of the other Bluesky, the social media platform that has been scooping up X-iles and recently hit 20 million users. First spotted by Bloomberg, Bluesky Digital Assets Corp’s stock value has increased eightfold since the beginning of November.

Investors Appear to Think Bluesky Crypto Firm Is the Bluesky Social Network

The social media platform Bluesky has grown from 12 million to more than 20 million users since the election.
Todd Feathers (Gizmodo)
#investing
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