But it’s not a bubble.
Ever hear of this Hong Kong hottie?
Symbol GIBO, GIBO Holdings, LTD. was the hottest stock on the NASDAQ today, just like the .com days.
It rallied a ‘massive’ 2.38¢ per share on 623 million plus shares.
But it’s not a bubble.
Screw you bears!
No earnings? Who cares.
No dividends? Who cares.
Under Chinese Communist control? Who cares.
An internet company that’s in a deflationary bubble overseas? Who cares, the name is neato.
How bad is it since the stock came out just a short while ago?
The bubble in China would never Burst…whoops.
Don’t worry, the bubble in America never will either.