We don’t have Casey’s out here, but my understanding is that it’s a convenience store, sort of like 7-11. There are nearly 3,000 of these places, and it doesn’t seem like anything special.

We don’t have Casey’s out here, but my understanding is that it’s a convenience store, sort of like 7-11. There are nearly 3,000 of these places, and it doesn’t seem like anything special.

Congratulations. We are now officially in the silly phase of the Everything Bubble. The semiconductor maker Cerebras just started trading (CBRS) and about 200 times sales. Not profits (there are none). Sales.
It opened at TWICE its already elevated IPO price, and some genius paid $384 for this and is down 15% already. Anyway, anyone buying the line that “this is the next Nvidia” deserves what’s coming.

