Yes, locals hear about something "going Nasdaq" and link it with Facebook and Amazon and such winners. Dinosaurs don't worry me. I worry about scammy pennyland issues that somehow claw onto the NASDAQ lowest tier.
I'm more familiar with the QQQ, the similar and red hot Nasdaq-100 index. There, three mega cap stocks comprise 30%... MSFT, Apples, and Amazon. Anything beneath the top 20 is almost meaningless.
The lowly CM tier has done very well in recent months. A lot of junk has. Some have termed that the RobinHood effect.
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Because the Good Life is Just a Pump or Two Away
