Quote:
Originally posted by Craig911
Then why is the current stock worth ANYTHING at all??
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Some of the value is just from the "trading" activity -- you bought some didn't you?
People like to speculate, hope, wish and dream. A lot of people just don't understand what is going on with the shares they own too.
There also may be people who are holding a short position in the stock, they will want to close that position. To close their short, they have to buy shares; somebody has to sell them those shares.