Yik Yak icon
Join communities on Yik Yak Download
It’s still bad, but much less bad than I thought it might be.
1 upvote, 6 comments. Yik Yak image post by Anonymous in US Politics. "It’s still bad, but much less bad than I thought it might be."
I can’t wait for the SpaceX ipo where another one of musk’s grossly overvalued companies trades for a squillion dollars a share despite being unprofitable and therefore theoretically not allowed on S&P until they changed the rules just for him
upvote 1 downvote

default user profile icon
Anonymous 23h

Watch ppl get wiped out on calls

upvote 1 downvote
default user profile icon
Anonymous replying to -> #1 23h

I’m staying tf away from this stuff. Much easier on my state of mind to throw into S&P based funds every month

upvote 1 downvote
default user profile icon
Anonymous replying to -> #1 23h

The problem is that S&P changed the rules to allow spacex into the index.

upvote 1 downvote
default user profile icon
Anonymous replying to -> OP 23h

What was the change exactly. Is it so that something unprofitable can be in it

upvote 1 downvote
default user profile icon
Anonymous replying to -> #1 23h

Yes. They waived the profitability requirement and shortened trading seasoning to 5 days instead of 90

upvote 1 downvote
default user profile icon
Anonymous replying to -> OP 23h

That is monstrously stupid…shit is pure vibes

upvote 1 downvote