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Comment Re: Predictable (Score 1) 231

1. So first you admit that a premium on top of the "last traded price" is required for a buyout.

2. Even then, it is a buyout from a particular single entity or a consortium of entities that requires a "premium". When buying from the general public, an enormous premium will be required on top of the "last traded price". Including such a premium, the final price won't resemble the "last traded price" is what I have been saying. Some shareholders just aren't in the mood to sell. Some have forgotten that they have this share. If the share is part of an index, first it will have to be kicked out of the index otherwise a huge majority of "shareholders" won't know that they are shareholders.

Comment Re: Predictable (Score 1) 231

No, the point is that the price is heavily influenced by day traders - since last traded price is almost the definition of stock price. So even if day traders can't vote, the people who do vote need to please them day traders if these voters want their own long term shares to be priced high enough.

Now the position that multiplying last traded price by the number of shares gives anything resembling the actual value of a company makes no sense. But that is another topic.

Comment Re: What? Musk doing something positive? (Score 1) 179

One more reason given for that perceived higher reliability of hybrids in spite of the higher complexity is that companies selling most hybrids are those having higher standards of reliability then average anyway. E.g. Toyota.

Whereas companies selling most EVs were startups during the period of study (Tesla, Rivian), and startups in general make less reliable cars.

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