No. of Recommendations: 2
spcx is now about 1 percent of the QQQ, so it's not that material. However, the QQQ should never be forgiven for changing its regs to expedite inclusion prior to 6 months from the effective date, imo.
My guess is the index cost basis is 175 ish, so the unrealized loss to date isn't that material, it's the principle that pissed me off. Shame on them. Meanwhile the volume in spcx is drying up and about 900 million restricted shares are about to free up. I don't recall the cost basis in those shares but its low.
Good luck to the spcx longs going into year end. I prefer Greg and brkb, I'm sleeping just fine. ::))
