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And you can do this by trading back and forth just 1 share. From the valuation of that one share we extrapolate the market cap. Isn't this amazing?
by whatever1 6y ago
And you can do this by trading back and forth just 1 share. From the valuation of that one share we extrapolate the market cap. Isn't this amazing?
- gandalfian 6y agoExcept if we transact shares privately it doesn't show up in the market. If we offer to buy shares on the market we don't get to chose who we buy them from and we can't offer to overpay for a share, we randomly get shares from whoever offers them the cheapest. Clearly people manage to pump and dump but I suspect it's a little more complex/expensive/risky than two friends swapping shares...