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by dnr
3238 days ago
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Regular stocks almost always go up after a split, due to price anchoring. Doesn't that throw up a red flag about the stock market? That's not how healthy markets work... Seriously, though, there's all sorts of weird psychological stuff like that going on in all markets. This isn't really any stranger. (Plus, the $700 seems to be illusory. Hardly anyone (or no one) managed to sell them at that price.) |
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