undefined | Better HN

0 pointsfc417fc8022mo ago0 comments

It's not that people are taking things in absolutes. I think everyone agrees that stock price siding so far is a very bad sign.

You specifically made a direct comparison between your employer's and Ubisoft's absolute stock prices. That's what people are calling out, and for good reason. It is fundamentally not possible to compare stock price directly like that. Literally meaningless.

Stock prices as lone numbers are completely arbitrary. If a company feels that the price per unit is too high or too low they can even do merges and splits, ie multiplying the number of shares by an arbitrary value of their choosing.

0 comments

vpribish2mo ago

he's angry at being misunderstood and is acting rude, but your comment is right on. It's such a commonplace thing to say (even if they don't really mean it literally) that I wish there was a really quick and clear way to reply. mainstream news, for instance always summarizes market moves in number of points on the DOW which is the same sort of thing if you don't all know the denominator.

maybe saying it's comparing +1 Euros to +5 Yen? of losing 1 tablespoon vs 2 teaspoons? or 5/10 to 1/2?

vips7L1mo ago

Fuck you. I'm angry you autists can't read or have a conversation outside of trying to always be right.

vips7L2mo ago

No I’m fucking not. I have clarified what I meant and you still have disregarded that. Please stop. Learn to evolve a conversation past the first post and leave me alone.

AGAIN: I was merely commenting my surprisal that a household name like Ubisoft was doing so poorly.

j / k navigate · click thread line to collapse