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The only reason I can think of for the accelerated S&P 500 inclusion of SpaceX is a pump and dump
by bickfordb 4mo ago
The only reason I can think of for the accelerated S&P 500 inclusion of SpaceX is a pump and dump
- JumpCrisscross 4mo ago> the accelerated S&P 500 inclusion of SpaceX To be clear, S&P hasn't announced a decision on this yet.
- jackyinger 4mo agoPerhaps they’re afraid announcement would trigger divestment
- JumpCrisscross 4mo ago> Perhaps they’re afraid announcement would trigger divestment S&P don't get a choice around whether they announce their methodology or not. That said, the rule change at the NASDAQ 100 doesn't seem to have impacted pricing or allocation. I can't imagine that many people are that concerned about this. (I posted the public-comment request from S&P to HN [1]. The response was crickets.) [1] https://news.ycombinator.com/item?id=48054324 https://news.ycombinator.com/item?id=48054324
- rconti 4mo agoJust yesterday I asked my advisor about exposure to these IPOs. I don't mind having a small bit of exposure to them, I just don't want the outsized share they seem to be trying to take for everyone.
- LostMyLogin 4mo agoI imagine the vast majority don’t care. All they care about is trying to hit their 401k or Roth IRA contributions for the month.
- willis936 4mo agoI can assure you they are already seeing divestment in preparation.