In the third week of July, the market believed that Bitcoin was valued at $68k; SnapChat at $24 billion; and Intel at $150 billion.
While I will refrain from commenting on the more egregious examples of meme stocks, say what you want of these three price points, you can’t say that they were flying below the radar. These were as intensely scrutinized as any market components can be, by some of the shrewdest people on our planet. And perhaps, on some other planets too.
