They say that stocks go down during the day and up at night

Re:They say that stocks go down during the day and up at night by brmgb on Tuesday February 07, 2023 @07:13AM (#34691719)

Yeah, yeah, I know the drill lower fees, faster price discovery, better liquidity. You will have a hard time convincing me any of these benefits are worth tolerating the damage speculations wreak like clockwork every ten years or so but I know I am on the losing side of this battle.

[ Parent | on HN ]

Re:They say that stocks go down during the day and up at night by astrange on Tuesday February 07, 2023 @09:08AM (#34692888)

Market makers aren't speculators. It's like the opposite.

[ Parent | on HN ]

Re:They say that stocks go down during the day and up at night by brmgb on Tuesday February 07, 2023 @10:29AM (#34694040)

Market makers very much are speculators. They intend to make money on the spread. They clearly are not investors.

[ Parent | on HN ]

Re:They say that stocks go down during the day and up at night by astrange on Tuesday February 07, 2023 @11:39AM (#34694990)

Should we abolish grocery stores because people should buy food from cereal companies?

[ Parent | on HN ]