$SUPER MICRO COMPUTER INC(SMCI)$
It’s all the same—companies without revenue or profit can be equally terrifying when their stock prices fall. Take AMD in the U.S. stock market as an example: this year, it soared from $28 to over $120, reaching a market cap of hundreds of billions of dollars, only to plummet back to $17 before stabilizing around $30. Currently, its PE ratio is about 15.
The stock market operates on the principle of shared risk and reward. The key takeaway here is simple: when prices rise too high, don’t let it go to your head.
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