The trick is, they have to make it under rules that are as fair and as neutral as humanly possible, and not do it just to save some hedge fund manager's ass.
Otherwise, world+dog will view NASDAQ with suspicion, since it will have shown itself to play favorites. This in turn drives investments away from NASDAQ, and towards NYSE, Nikkei, Hang Seng, DAX, LSE, and lots of other global competitors. Don't even have to mention competing vehicles like bonds, commodities, and etc.
The moment NASDAQ tries, will be the moment they'll find investors edging towards other markets.
PS: If you don't already own GME, you might want to think twice at this point since it's starting to drop in before-hours trading, which means the climb isn't glimbing as solidly now. Anyone buying in now will likely end up taking a bath when the bubble does pop (likely by Friday, if not today-tomorrow). Then again, as the saying goes, the market will always remain irrational for longer than you can stay solvent, so take anything I say with a block of salt.
This in turn drives investments away from NASDAQ, and towards NYSE, Nikkei, Hang Seng, DAX, LSE, and lots of other global competitors. Don't even have to mention competing vehicles like bonds, commodities, and etc.
Interesting that you left crypto completely out of your response.
Sadly, yes.
The trick is, they have to make it under rules that are as fair and as neutral as humanly possible, and not do it just to save some hedge fund manager's ass.
Otherwise, world+dog will view NASDAQ with suspicion, since it will have shown itself to play favorites. This in turn drives investments away from NASDAQ, and towards NYSE, Nikkei, Hang Seng, DAX, LSE, and lots of other global competitors. Don't even have to mention competing vehicles like bonds, commodities, and etc.
The moment NASDAQ tries, will be the moment they'll find investors edging towards other markets.
PS: If you don't already own GME, you might want to think twice at this point since it's starting to drop in before-hours trading, which means the climb isn't glimbing as solidly now. Anyone buying in now will likely end up taking a bath when the bubble does pop (likely by Friday, if not today-tomorrow). Then again, as the saying goes, the market will always remain irrational for longer than you can stay solvent, so take anything I say with a block of salt.
i made 20k in a day one of my best plays ever
Hope you pulled the D-Ring last night - GME is in free-fall right now.
i bought yesterday morning i sold almost 1h ago
Buy the dip, retards
I sold and then it went back up 40 a share. Super annoying
Don’t kick yourself,
You’re up
That’s all that matters
Will the 10#+ cutting board sized block of pink Himalayan salt I somehow ended up with do?
Maybe, but GME is already down by $64 and dropping like a rock.
I suspect the party is over.
Oh yeah, it was never anything I was going to get into. That's not how I roll.
thats what it look like
Melvin Cap closed up shop and the interest might be gone. But dont quote me.
...down by almost $100 now (feck - I just refreshed).
Looks like the crush is on.
Interesting that you left crypto completely out of your response.
You can file it under etc with the rest of the competing vehicles; I left it out because Crypto is collectively not a market, but a currency.