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zdog

03/31/24 9:34 AM

#185599 RE: Abig #185598

I don’t know much about index funds. If Lightwave’s share price doubled, does that mean the index funds have to own twice the amount of shares they own now? TIA

Lewrock

03/31/24 9:56 AM

#185601 RE: Abig #185598

On the other hand, if the overall market corrects by say 20%, then these index funds will have to sell. That is the risk here! Managed funds need to be buying on the fundamentals of the business to offset any selling by index funds. The fundamentals and the technology will win over the long term.

The timing of all of these forces is key. That is looking very good now.