CNN Business' David Goldman and Paul R. La Monica contributed to this report
Summary
Exhibit 15 (Document 566-15) in Case 1:21-md-02989-CMA, entered on the FLSD docket June 7, 2023, is a two-page printout from The Franklin News-Post of Jan 21, 2021, headed Isn't this a bubble? It states that hardly anyone believes GameStop, BlackBerry, Macy's, AMC or the other companies WSB is promoting have fundamentals to support the surging stock prices, and that like all bubbles this one is going to burst. It credits CNN Business' David Goldman and Paul R. La Monica as contributors.
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- Date
- 2023-06-07
Cite this document
“CNN Business' David Goldman and Paul R. La Monica contributed to this report.”
Original at archive.org, dated 2023-06-07. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-06-07-covid-era-misc-edbd2f3b-1/
, SHA-256 edbd2f3b76ccd8dc9354707c244d2603aa03247f73f15fbc23e938aac65604a8.Full text
Exhibit 15 Case 1:21-md-02989-CMA Document 566-15 Entered on FLSD Docket 06/07/2023 Page 1 of 2 I https://thefranklinnewspost.com/isnt-this-a-bubble/article_3c269d5e-072e-5e7f-85c4-52a07ceb4a38.html Isn't this a bubble? Jan 21, 2021 t sure is. There's an argument that GameStop was undervalued, but hardly anyone believes that GameStop, BlackBerry, Macy's, AMC, or any of the other companies that WSB is promoting have fundamentals to support these surging stock prices. At some point, reality has to set in. But that's the problem with bubbles — get out too early, and you lose at a chance to cash out on top. So GameStop keeps surging ... until it won't anymore. The GameStop saga is a battle of new school vs. old school, amateur vs. professional, rebels vs. the establishment. At the moment, the kids are winning. But, like all bubbles, this one's going to burst at some point. —CNN Business' David Goldman and Paul R. La Monica contributed to this report. Case 1:21-md-02989-CMA Document 566-15 Entered on FLSD Docket 06/07/2023 Page 2 of 2
File and source
- File
- gov.uscourts.flsd.590042.566.15.pdf
- Size
- 144,549 bytes
- SHA-256
- edbd2f3b76ccd8dc9354707c244d2603aa03247f73f15fbc23e938aac65604a8
- Original
- archive.org