The stock is not trading on fundamentals, is it? My guess is that the bulk of the shares are now in friendly hands, meaning this stock is very easy to manipulate. Squeeze? I don't think there are many shorts left. Another dividend? It just lowers the assets and book value when there is no revenue to replace it. Sales? You have to be kidding. The big problem is what happens to those who are holding the bag last?
If your read Faber's letter and get Arnott's research, it is obvious that the equity markets should sell off at some point. But that should have little effect on this stock. Eventually it goes to almost nothing, but how it gets there is another story.Again, the greater fools will be the ones thinking that this is an investment and holding onto it. At least that is my opinion.