Re:A New Breed of Trader on Wall Street: Coders with a Ph.D
by eru on Tuesday February 23, 2016 @03:47AM
(#11157464)
Also, if there was no secondary market, people would be much less likely to buy at IPO and other times the company sells shares.
Well, no, anytime the company is selling shares you can invest in the company rather than the secondary market. The IPO is obviously the first such event, but it isn't necessarily the only such event.