A High Frequency Trader's Apology, Pt 2

Re:A High Frequency Trader's Apology, Pt 2 by MarkPNeyer on Thursday April 26, 2012 @12:32PM (#3894696)

is there any evidence for this argument? would investment just stop alltogether, or would it change to support lots of smaller ventures instead of a few big ones?

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Re:A High Frequency Trader's Apology, Pt 2 by wtvanhest on Thursday April 26, 2012 @01:43PM (#3895156)

Answer this question and you will need no evidence:

What would a stock be worth the day of the IPO if there was no way to sell it the day after the IPO?

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Re:A High Frequency Trader's Apology, Pt 2 by buff-a on Thursday April 26, 2012 @12:58PM (#3894861)

Of course there is evidence: the stock market wasn't invented until 1999. Before 1999, noone dared buy stocks because they were afraid they couldn't sell it later. Its historical fact.

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