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21 sats \ 4 replies \ @yoshi 26 Jun \ parent \ on: I bought 5 shares of STRC today Stacker_Stocks

I never understood why he doesn’t buy spot.

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22 sats \ 3 replies \ @grayruby OP 26 Jun

They likely get better prices OTC

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41 sats \ 2 replies \ @yoshi 26 Jun

but it’s harder to attract capital with down only. Price up, more people buy.

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22 sats \ 1 reply \ @grayruby OP 26 Jun

They have a fiduciary responsibility to act in the best interest of the shareholder. They need to get the best price possible for them.

Maybe they could make an argument for buying spot in the bear though as to your point price going up helps the stock and attracts more capital.

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103 sats \ 0 replies \ @yoshi 26 Jun

below cost basis, buy spot. Above cost basis, buy OTC.

Saylornomics at its finest.

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