the stock market
2021-Dec-14, Tuesday 04:29 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
mellowtiggerI don't follow stocks. I think it's an absurd system that has no basis in reality.
If you're wondering about the high profile stories in recent days of several billionaires selling off chunks of their stocks, though, I think this video fairly explains why.
Separately, I'm curious what's going on in particular with CBS stock. Take a look at this 5-year profile.
What in 2020 February preceded the big drop?
What in 2021 February preceded the meteoric rise? And equally impressive fall?
Sure, I know that the disastrous STD show (previously known as the lucrative "Star Trek" franchise) is part of its continuing decline, but what's the rest of the story?
Something is happening out there, and it won't be good for us peons.
If you're wondering about the high profile stories in recent days of several billionaires selling off chunks of their stocks, though, I think this video fairly explains why.
Separately, I'm curious what's going on in particular with CBS stock. Take a look at this 5-year profile.
What in 2020 February preceded the big drop?
What in 2021 February preceded the meteoric rise? And equally impressive fall?
Sure, I know that the disastrous STD show (previously known as the lucrative "Star Trek" franchise) is part of its continuing decline, but what's the rest of the story?
Something is happening out there, and it won't be good for us peons.