HFT extracts the value from transactions. It won't extract the value from a company becoming twice as valuable. Invest because you think the company is going t

HFT extracts the value from transactions. It won't extract the value from a company becoming twice as valuable. Invest because you think the company is going to be successful and thus more valuable. The actual amount of stock that is HFT traded is tiny relative for each company, long term price is driven by what institutional investors are willing to pay for actual percentages of a company.