▲ | 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 |