Remix.run Logo
diamond559 2 days ago

After hours moves can be dramatic, we'll see where it's at tomorrow w/ full volume. It's good news for sure but you can't tell me Wall Street actually thought they would be broken up or anything drastic.

crazygringo 2 days ago | parent | next [-]

> but you can't tell me Wall Street actually thought

It's not binary. "Wall Street" is a lot of people independently pricing what they think is the probability and impact.

But so yes, Wall Street was absolutely pricing in a drastic breakup to some degree. If they'd thought it was even more likely, the bump would have been even larger.

FergusArgyll 2 days ago | parent | prev [-]

It's not a binary will it won't it. You have to assign odds to it & if the odds are 10% you need to hedge that. Now you don't anymore