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On the otherhand, if Nikola was successful and retail investors couldn't get in early, it's an unfair advantage to the rich who are still allowed to invest. Ni
by Miner49er 6y ago
On the otherhand, if Nikola was successful and retail investors couldn't get in early, it's an unfair advantage to the rich who are still allowed to invest.
Nikola is actually a poor example of your point. Their stock price is still up since they IPOed. A retail investor could sell their shares now and be fine.
- an_opabinia 6y agoIt would seem we would gain a lot from greater transparency in who owns shares. For example, Robintrack's data was very illuminating, almost every stock that made it to the week popular list was full of retail bagholders: https://imgur.com/a/LbvUOdi https://imgur.com/a/LbvUOdi Bet you thought I meant insiders. I'd run from stuff idiots buy!
- quickthrowman 6y ago> It would seem we would gain a lot from greater transparency in who owns shares. Major KODK shareholders: https://finance.yahoo.com/quote/KODK/holders?p=KODK https://finance.yahoo.com/quote/KODK/holders?p=KODK Retail holds a small percent of pretty much anything, institutions dwarf retail.
- an_opabinia 6y agoAlmost all of those institutions are holding shares on behalf of normal "retail" people, not professional investors. The statistic you are seeing is both in support of the claim of how much retail is a bagholder and in support of the claim that the word "institutional" is misunderstood.