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Michael Burry worries about "structural manipulation" of Nasdaq-100 for SpaceX

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24 points by adrianmsmith 6 days ago · 2 comments

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Zigurd 6 days ago

In addition to the suspiciously small float, forcing it down the throats of index funds is a heist, and a particularly nasty one that exploits passive investors. If it was just a play for Elon's retail investor simps, I'd say have at it. But this is actually targeting the kind of investor who wouldn't go near an Elon cult stock.

bix6 6 days ago

Surprised this isn’t higher this is pretty egregious if true

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