3 ms·
If the stock price is contrived, it's contrived, and the only difference between humans arriving at a price slowly and computers arriving at it quickly is how m
by semiotagonal 7y ago
If the stock price is contrived, it's contrived, and the only difference between humans arriving at a price slowly and computers arriving at it quickly is how much time and money gets consumed in transaction costs.
If a company wants their stock to have a more stable price, they need to make the price less contrived, for instance by paying dividends that anchor the price to something tangible.