People get used to whatever is - if everybody acts a certain way, it seems that that's just the way it must be. In similar fashion, when the stock market has been doing something for a long time, it seems that must just be the way it is. In ordinary times, this stock would probably be a hard sell. When the times are right, however, initial public offerings of stocks like this are part of the routine. People get used to this.
Some offerings sell at astronomical prices.
It certainly can pay to be very slow to sell the stock of a company that is doing very well and, instead, to allow it to grow to a somewhat overpriced level. But at some point the risk of the stock coming back down to earth or a change in future prospects could require a sell. This is best decided in advance. The Magic of Labeling. Credit card debt has been building at extremely high rates recently.