YPF
🎢 YPF exemplifies market exaggeration, with its price swinging dramatically from around $48 to $28, highlighting potential volatility.
🤔 The discussion questions the market’s rationality, suggesting prices like $5 or $200 for YPF are possible, driven by sentiment rather than just fundamentals.
📖 Market narratives shift to justify extreme prices; stories will emerge whether YPF trades at $2 or $2000, indicating a disconnect from intrinsic value during peak sentiment.
@ClaveBursatilTV:
“Now, let’s take IPF, for example. It reached around 48, something like that, now it’s at 28, suppose. The truth is, what does it matter to the market to take it down to five, for instance? It can do it. And we say, ‘No, how can that be?’ Because we have an idea, you see, especially if we get anchored to when it was worth 30, 40, almost 50. We think that for some reason it has to have that direction, and no. But I mean, the market doesn’t seem to care about the number it shows. It could be crazy, it could be IPF at 2.50, and it could be IPF at 200, and the market says, ‘Yes.’ And one tries to justify how it can be worth 200, invent a story, or read a story in the media. And when it’s worth two, there will be another story justifying that it’s worth two and that it’s going to be worth one. And when it’s worth 200, it will be worth 2000, and it’s all talk, basically, all talk. So, well, but repetitive behaviors do occur. When it’s worth 2000 and everyone is projecting it will be worth 20,000, well, everyone will be piled in there, giving the possibility for a correction to come.”
Watch the exact part of the video where @ClaveBursatilTV talks about YPF Sociedad Anonima here:
Watch the video on YouTube
Read more articles analyzing YPF Sociedad Anonima (YPF) at the following link. YPF stock.
