CDT theory9 Jul 2024 20:07
To kill any remaking Nasdaq SPAC bubble the biggies all sell out in style and buy back cheap. Throttling the SP, leaving early holders feeling ill. The Russell timing and their need to stay in is linked to the timing. They can’t afford to ignore it *just in case* any of the IP becomes a cure and cash cow. But they hold it in mind as having a current value of only, say, 25c.