Jan. 1 at 4:01 PM
$ADUR Let's have some fun by looking at some real numbers, and doing some ludicrous comparisons:
3 of my favorites:
$ADUR, Market Cap $.323 Billion,
$GMGMF, MC $.194 B, and
$UURAF, MC $.438 B.
Add up the market caps, and that's just under
$1 Billion.
Now consider LuluLemon
$LULU, market cap
$25.5B.
I don't have anything against LULU, but I can get less expensive spandex or lycra for my dad-bodish physique from many other places.
Is LuluLemon really worth 25X that of Aduro, Ucore, and Graphene Manufacturing Group all put together? Really?
What a strange world!
And there's something called FARTCOIN that has an MC of
$276 million (and a second one that's only worth
$230,000).
Is FARTCOIN worth more than rare earth player
$ASMMF, Australian Strategic Materials? The market says that it is. But when they say "The market never lies" this is obviously bullshit!