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root-parenttoday at 3:51 PM1 replyview on HN

That is leveraged speculation on a future listing before real float, real index flows, or real public market ownership exist. With a 20% premium that is evidence that the hype machine is working, and the best evidence of engineered retail FOMO.


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tejohnsotoday at 5:14 PM

> evidence that the hype machine is working...

Which is exactly the kind of thing that can stave off disaster for years. Just look at TSLA market cap.