|
|
|
|
|
by satellite2
9 days ago
|
|
With the change to only five days of being publicly traded requirements, incentivising market makers to keep a high valuation becomes very cheap. After five days the index funds have to buy at the last price making it final. In other words even if the vast majority of the market believes it's worth much less, they can force a high price and force basically everyone to hold it via retirement funds. |
|