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万维读者网 > 股市财经 > 跟帖
the money was never there.
送交者: k19 2009月02月03日00:46:41 于 [股市财经] 发送悄悄话
回  答: 钱都到哪里去了美丽期遇 于 2009-02-02 15:30:15
suppose we have 10 MM shares of one stock. yesterday it was traded 1 dollar.
then market cap is 10MM(million), right.

Now, if the last trade was 10 dollar for today. The market cap would be 100MM now right? So tomorrow it goes to 2 dollars. Did we lost 80MM dollars? of course not.
that is why it is called a bubble. It is just ponzi scheme.
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