Very good point IRDoc. There is a good likelihood that astute folks will get out while the gettin’s good. I however am not that astute and would likely follow it down into the chasm!
Of course, I’m not suggesting that Zoom will fall as much as pointing out my own flaws.
As to the law of large numbers, you are correct at least in the traditional sense.
That is how the casino is guaranteed to make lots of money!
Vegas had that law figured out long ago.
None of this changes “S” curve, but the “S” curve has its own issues. How the heck does one judge their point on the curve?
A.J.