Yeah it’s all a scam. They need the money not just from pension plans but from all the people who are in 401Ks to make this work. Hence the rule changes allowing it to skip the standard wait times and profitability metrics to be listed as part of the be part of the top indexes so that most popular ETFs that make up most 401k funds will be required to carry them.
It’s all a fucking scam to get other little guys money.
I agree this market seems over bought. We are already seeing lower breath in the market and all of these trillion dollar IPOs are going to suck the liquidity out of the market making it worse.
I’ve sold almost everything and I’m sitting in bonds at least until the EOY or if there is a major correction.
I want to make sure that the schmucks who financed this abomination in the first place pay dearly for it, rather than fleecing the subsequent hapless small investors and the rest of society who don’t understand and will buy into the hype.
Lol, are you poor or something?
There is so much money sucked into that black hole, that it needs to siphon it from the retirement funds and poors investments.
Banks are not going to be holding the bag, my friend.
Yeah it’s all a scam. They need the money not just from pension plans but from all the people who are in 401Ks to make this work. Hence the rule changes allowing it to skip the standard wait times and profitability metrics to be listed as part of the be part of the top indexes so that most popular ETFs that make up most 401k funds will be required to carry them.
It’s all a fucking scam to get other little guys money.
Having retirements as hostage is one of the worst things in our society right now.
I agree this market seems over bought. We are already seeing lower breath in the market and all of these trillion dollar IPOs are going to suck the liquidity out of the market making it worse.
I’ve sold almost everything and I’m sitting in bonds at least until the EOY or if there is a major correction.
I want to make sure that the schmucks who financed this abomination in the first place pay dearly for it, rather than fleecing the subsequent hapless small investors and the rest of society who don’t understand and will buy into the hype.
The IPO means they’ll be listed in things like the S&P 500 which means they’ll get automatic investment from our pension funds and the like.
Someone needs to do the needful.
And the rule to fast track these IPOs to indices was recently approved.
American voters, tell us again how both parties are the same.
Kindly, please. 🙏
With a little luck it will experience a “Rapid Unscheduled Disassembly” before the IPO 😁