Reddit Posts
any change of NDAQ hitting 9/24 to hit $70?
Mattel Stock with upcoming release (cinematic universe) with Barbie/Hot Wheels etc?
Anything to buy in this sale off? I keep buying $NDAQ as a long term investment,,,tech stocks and ETF looks overvalued to me
NDAQ 34@49.40 bet. St. Patrick told me it goes up 75%.
Nasdaq to sell debt worth $5 bln to fund Adenza deal
Nasdaq Stock Tumbles After $10.5 Billion Acquisition News. (Options traders saw some gains)
TIFU by buying NDAQ instead of QQQ. Don’t do what I did.
QQQ vs. NDAQ, someone sent to me this and he believes it can predict the future of QQQ
Everyone thinks s&p 500 is the set and forget it king
Hot Stocks: NDAQ, ISRG fall on earnings news; SHOP raises prices; NWS climbs
What is NDAQ? I’ve been dca into NDAQ thinking it follows the Nasdaq, but it doesn’t? Need some help.
NDAQ green dildo of death coming for bears tomorrow
I derive pleasure from market pain🌈🌈🌈🐻🧸📉=📈🕺
2022-09-01 | NDAQ:SPWH | Press Release | Sportsman's Warehouse Holdings Inc.
This is early 2021 all over again, with the only difference being inflation instead of covid and BBBY instead of GME
2022-08-09 | NDAQ:SFT | Press Release | Shift Technologies Inc.
The markets will consistently move irrationally.
[Open discussion] While I'm barely red since spy 400, DCAing is going to make or break our success in the future. All in on Solar VTOL gneomic water-purification leaps.
A U.S. appeals court said that the SEC can proceed with its overhaul of the way essential stock market data is collected and disseminated, striking a blow to exchanges that earn revenue from the data and had opposed the plan.
U.S. court sides with SEC on market data overhaul in blow to big exchanges
We ain’t selling and we are going to own the stock market! Here is how we can get there.
Entering NDAQ straddle end of day today
Barrons Stocks to Own April 13, 2020 update
CrowdStrike Holdings, Inc. to Join the NASDAQ-100 Index Beginning August 26, 2021
🤑 Did You Participate In Any Of Nasdaq's (NASDAQ: NDAQ) Fantastic 195% Return ?
Robinhood Is Said to Have Filed Confidentially for U.S. IPO
Mentions
Femy was my only green pennystocks, all my mid price shares are were my money is being made (NDAQ, WSR, KVUE, TRIN, WU, and mostly Rivian)
I straight up own NDAQ shares, I see them blowing up as investing becomes more accessible to the younger generation.
Let me tell you what's going to happen over next 12 months... 1. NVDA will beat earnings. Markets go 🚀 2. SCOTUS say 🥭 tariffs no bueno, so tariffs go bye-bye, markets go 🚀🚀 3. Treasury has to refund Tariffs, markets go 🚀🚀🚀 4. Tariffs gone, prices start to flatten/drop, Fed curs rates 4 times, markets go 🚀🚀🚀🚀 5. All the hedgedunds like, fuck, if I don't want to blow Bubba behind a Wendy's dumpster I gotta buy back in, markets go 🚀🚀🚀🚀🚀 DJIA $60k, NDAQ $30k.
I wonder how many regards buy NDAQ thinking they are buying a diversified basket of stocks
It’s like 5NDAQ on the London exchange
Calls: ELV GE GM NOC RTX PM NDAQ LMT Puts: DHR KO
Go with ICE or NDAQ, will get a better ROI
Money incinerated by NDAQ calls. Back to working three jobs to pay my student loans and rent and getting nowhere in life.
Bought NDAQ calls when it was down -4.5% yesterday. Looking for a bounce today.
I just bought 5 NDAQ calls September 19 90 strike. No day trades left so I’m Yoloing into tomorrow again hoping for a green open opportunity to sell. Wish me luck y’all I’m down like 6k on the year this could be an opportunity for a come back.
Sold my NDAQ that I held overnight calls earlier today when they were green for profit. Out of day trades. Cash until next week.
Holding NDAQ Calls overnight hoping for green tomorrow to sell
A technology ETF which has performed very well and its dividend is above 1% is NDAQ.
When the IPO market is hot, the consistent way to play it is through the investment banks and underwriters – Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan (JPM), etc. They earn fees every time they bring a company public, so they’re the real picks-and-shovels of IPO activity. You could also include the exchanges (Nasdaq: NDAQ, NYSE/ICE) since they benefit from listings and higher trading volumes. BX and APO are in a different lane. They can benefit indirectly if their portfolio companies IPO successfully, but that’s lumpy and depends on timing. Their earnings are driven more by fundraising cycles, deal activity, and asset valuations than by whether the IPO calendar is hot in general.
Consider ICE and NDAQ. They are financial market exchanges. They make money when investments are bought and sold. Both are fairly valued right now but worth buying on any dip. Both are bringing new products to market and forming new partnerships around stable coin transactions. Both are sensitive to market instability but recover from media hype pretty quickly.
NDAQ / ICE? short term trends will come and go but as long as the stock market exists the companies which own the exchanges will be making money.
GS, NDAQ, SPGI, MSCI, IBKR, SCHW......something alone those lines.
🍊Twitter: “I declare SPY to +700 and NDAQ to +100! We will use our smallest ever and not deficit inducing federal budget to make it happen! Congrats to all Americans on their 1.3 INTC shares! Thank you for your (and mee-maw’s) attention to this matter!!”
https://preview.redd.it/bzaeoaecwuhf1.jpeg?width=1080&format=pjpg&auto=webp&s=5f1fcf1cbbdddb0f6e0d57842ed0e516fadb7d11 February this year was my lowest. It wasn't actually €11.22 though. I was down big shorting mostly NDAQ100 and NVDA in 2023. I had another portfolio that I liquidated and consolidated here to have around €40k. Took the last €40k I had to my name to the CFD side of the app (this is the invest side and I'm a europoor) and shorted Meta for during Q4 earnings... Lost 8k and then lost 16k shorting NDAQ100 again. That was my lowest point €16k to my name. Shorted CVNA with that. It would be my last play if that didn't work out. I doubled my money. From there I made a killing during the initial Trump tarrifs. Didn't catch the bottom but thankfully didn't get burned on the meteoric way up either.
https://preview.redd.it/czga5qf0wuhf1.jpeg?width=1080&format=pjpg&auto=webp&s=4d63febf970a4b6e8512c92a1c23060bd5449cc7 February this year was my lowest. It wasn't actually €11.22 though. I was down big shorting mostly NDAQ100 and NVDA in 2023. I had another portfolio that I liquidated and consolidated here to have around €40k. Took the last €40k I had to my name to the CFD side of the app (this is the invest side and I'm a europoor) and shorted Meta for during Q4 earnings... Lost 8k and then lost 16k shorting NDAQ100 again. That was my lowest point €16k to my name. Shorted CVNA with that. It would be my last play if that didn't work out. I doubled my money. From there I made a killing during the initial Trump tarrifs. Didn't catch the bottom but thankfully didn't get burned on the meteoric way up either.
NDAQ is a single company. It's the company that does the NASDAQ 100 (which qqq essentially tries to mimic). Qqq is an ETF with 100 companies NDAQ is one company
Just so you know, NDAQ is just the actual exchange. It doesn’t track the nasdaq composite. Need QQQ instead if that’s what you’re trying to do
Hmmm thinking about NDAQ atm puts right… now 🤔 🧐 🤨 Alright I did
Will DOW and NDAQ affect anything tomorrow?
HCTI is going to rocket higher! This is just the start. Good news from the NDAQ exchange!
[Nasdaq Halts Bowen Acquisition Corp.](https://www.globenewswire.com/news-release/2025/07/16/3116819/6948/en/Nasdaq-Halts-Bowen-Acquisition-Corp.html) \- BOWN BOWNR "The Nasdaq Stock Market^(®) (Nasdaq: NDAQ) announced that trading was halted on July 15, 2025 in Bowen Acquisition Corp. at 17:45:19 Eastern Time for additional information requested from the company." "Trading will remain halted until Bowen Acquisition Corp. has fully satisfied Nasdaq’s request for additional information."
Nasdaq inc (NDAQ) stock. Exchanges are extremely profitable and benefit from network effects.
When will Anduril start trading on NDAQ?
Someone charted out NDAQ from netscape release vs chatgpt release, and while that comparison makes no real sense it was interesting to see that not only are we not up as much as ndaq was during that time yet but the real money was yet to come in 1996-1999 timeframe, which is wild if something similar played out with AI hype it already feels so frothy and yet... Dotcom bubble was a different animal
NASDAQ $NDAQ is in cahoots with international con men There are HUNDREDS of fake companies running stock manipulations, and nothing is done about it for years. The SEC is inept AT BEST
You're waiting for it to crash everyday and NDAQ is breaking 52 weeks high everyday. Question is who is more delulu?
Made some money on FTSE100 (UK) during April lows. Mostly made money shorting the NDAQ, NVDA, CVNA in Feb. Glad I didn't get torched on the rebound but also didn't sell at April lows. Was a bit early going short so I was down 50% shorting META after earnings and NDAQ100 when markets were ATH
When do we get to remove UNH from NDAQ and SPY?
NDAQ going up quicker than the divorce settlement I had to pay.
Either buying ELV puts Or LMT puts 5-16 then roll profits into Tesla puts $200 or $220 5-16 after that hits roll profits again into NDAQ calls before Wednesday close then roll profits one last time into SKX puts lmk your thoughts boizzzz should I start off the week with ELV or LMT im undecided both have good bearish case
I need the market to crash so NDAQ can hit 60 before my puts expire Friday 
NDAQ is straight chillin
VIX ain’t even up much on a 3.5% NDAQ drop. feels like we rally
yeah even NDAQ was lower on the YTD big oof
Why is DOW doing so much worse than SPY and NDAQ since the tariff announcement?
Because I went short on NDAQ. You’re welcome.
Sounds really dumb, but never realized you could buy NDAQ the company.
Magnificent 7 plus some other AIs up this AM. Bullish for NDAQ
I ran your portfolio through an optimizer, and here’s how you can improve returns while reducing risk, without selling anything. Just adjust your $18k/month contributions: 1. Reduce new investments in VOO (63.3%) and VTI (12.1%) – You already have a lot in these, and the optimizer suggests better risk-adjusted options. 2. Increase NDAQ (\~33%) and VUG (\~31%) – These have historically outperformed and improve your Sharpe ratio from 0.76 to 0.88, meaning better returns for the same risk. 3. Allocate more to TIP (\~35%) – Helps hedge against inflation and lowers portfolio volatility from 22.2% to 16.1%, making your portfolio more stable. 4. Keep a small stake in VTV (\~5%) – Provides balance against growth-heavy holdings. 5. TQQQ (\~3%) – Super high risk; the optimizer doesn’t favor it, but if you like the upside, keep it small. These adjustments increase efficiency without needing to sell anything. If you want, you can tweak the optimizer yourself to see different scenarios: [https://portfoliometrics.net/shared/b7e24cdc-ad7c-4e48-b5b2-48af8b6658e6](https://portfoliometrics.net/shared/b7e24cdc-ad7c-4e48-b5b2-48af8b6658e6)
If the market doesn't like the job numbers today, we could open -1.5% on NDAQ and -1% on SPX Would this spark a huge sell-off or dip buying?
Coinbase makes most of their money off of retail crypto trading fees. If you look at how much Coinbase made from retail crypto trading fees, it’s only 43% more than what Robinhood earned from crypto trading fees last quarter. As more players enter the market and offer crypto trading, Coinbase will likely lose market share and face pressure to lower fees. Currently, Coinbase is valued at twice the multiple of Nasdaq (NDAQ) and over four times that of other traditional brokerage companies. In my opinion, Coinbase is overvalued, and its current business growth is unsustainable. People might say that they are a fintech company, however, imo during yesterday’s earnings call the ceo wasn’t able to layout clear visions of the company as a fintech.
I’d put 25% into SOUN, AVGO, CME, and maybe DELL or NDAQ.
What is this. It is not NASDAQ index. Only a company in NDAQ ticket. The exchange HQ itself?
https://finance.yahoo.com/quote/NDAQ/
Nasdaq p/e has mostly stayed under 25 since 2016: https://m.macrotrends.net/stocks/charts/NDAQ/nasdaq/pe-ratio It’s 48 now which doesn’t really compare to Tesla’s 110 so not sure how that’s analogous here.
same dude. I almost bought puts near the top, then got called into zoom meeting. Came out, NDAQ was down from +250 to +130
** Selling 'hope' - ** I'm now seriously considering brokerage stocks e g. iBKR, or exchange stocks (e.g. NDAQ - the exchange itself). Volumes have been crazy high. And, more n more people I come across are trying to dabble into stocks. The optimism I see in their eyes is akin to students in "SAT/GRE prep schools" in New Jersey. High, high hopes to make it rich. In this theme, what are some legit names besides IBKR? I'd like to avoid Sofi and want to purely focus on trading.
I want to see the NDAQ rocket with my own eyes
Would be juicy if NDAQ hits $88
Rise up NDAQ and fuck all the bears
Drill team 6 reporting to the NDAQ
NDAQ 
NDAQ stay on path and I will be making money while i Iay down... something like a prostitute
NDAQ to $82 and I'll suck my own cock banbet me
Nasdaq PE ratio 2011-2024: https://www.macrotrends.net/stocks/charts/NDAQ/nasdaq/pe-ratio. I'm not saying we're in a bubble, I'm not saying we're not in a bubble, I'm saying that *yes* earnings have gone up, but also P/E's have been going up.
No it was NDAQ into RCAT into RGTI and now I’m currently holding AAPL and ETN
If you want to invest in individual companies over ETFs. I would say invest in cloud platform providers (Amazon, Google, Microsoft) and financial market makers, index issuers, and asset management companies NDAQ, SPGI, MSCI, TROW, SCHW and REITS like PSA or O. In my opinion they have sticky business models not based on consumer preference and the revenue is reoccurring. I think that the cloud providers are going to be the ones who end up selling picks to the miners, while chip makers might its less clear what ones will come out on top at the end of the day and the technology changes so fast here today gone tomorrow (intel)
Take a look at the stock quotes data for the Dec 2023 for these 6 stocks. NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) Nasdaq (Nasdaq: NDAQ) today announced the results of the annual reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will become effective prior to market open on Monday, December 18, 2023. The following six companies will be added to the Index: CDW Corporation (Nasdaq: CDW) Coca-Cola Europacific Partners plc (Nasdaq: CCEP) DoorDash, Inc. (Nasdaq: DASH) MongoDB, Inc. (Nasdaq: MDB) Roper Technologies, Inc. (Nasdaq: ROP) Splunk Inc. (Nasdaq: SPLK)
degen shit: naked dec 20 calls on NDAQ and INTC
Right now I've got HOOD and NDAQ leaps, also a few RIVN 2026 $15C for the degenerate in me
hope NDAQ sold his puts in that early dump.. probably prinnnnted
NDAQ is good though, solid returns
I know this is a degenerate gambling sub, but thinking of some deep ITM GS leaps. Any other stock picks for a market that's about to unleash mergers and IPOs that have been on hold for 4 years? Maybe NDAQ?
NASDAQ PE at 46.59, how much longer can the party go on? https://ycharts.com/companies/NDAQ/pe_ratio
Not sure if this is appropriate for degenerate gambling sub, but NDAQ might be a huge long-term play. All the IPOs that might end up coming through the market. So many companies stayed private because the environment wasn't good for going public with regs and bureaucracy. They might get unleashed for the next few years.
I know what you mean and no, it didn't end well :) In 2018 I saw several stocks where options were mispriced in the way that if you sell EXPENSIVE deep ITM put, then premium received from this deal you could buy CHEAP OTM call and CHEAP OTM put, so you would benefit from big move up or down. If the stock stays flat, you just collect premium. Sounds like nothing goes wrong ... except that loss will be calculated differently for short option and for shares if you get assigned. Guess what ... I got assigned ... the moment I sent a trade order ... when the market was CLOSED. Next morning I woke up to margin call with 5000 shares of NDAQ that exceeded my margin requirement and broker closed my position for a loss within 15 minutes before I was able to do anything. TLDR : you can try but never exceed margin requirements or broker will F you up
any thoughts on NDAQ earnings tomorrow?
The thing is from a statistical standpoint it's extremely unlikely for a year like 2022 to repeat so soon as a year like 2022 is already rare. The market has a heavy green bias the longer it goes on. Chart included when I told people in 2022 to buy hand over fist. Insecurity about the future is natural but this costs a lot of people real money in the long run. Think about all the bullish funds and compare them to someone like Michael Burry (Let's not focus on the regarded funds like ARK that are religious faith investors). Burry never broke into the billions even with his big hit and most funds that don't even beat the index generated way way way way more wealth than Burry but somehow that guy got a movie and is famous because people are by default insecure about the future. Just don't look as often at your portfolio. A single day has 53.65% chance to be green and a 46.4% chance to be red. A one year rolling period has a 73% chance to be green and only a 27% chance to be red. A 10y rolling period has a 94% chance to be green and a 6% chance to be red. It's all about gambling with an edge not about security you get paid in the market for taking risk just don't take regarded risks. https://preview.redd.it/o8p3uidf2etd1.png?width=655&format=png&auto=webp&s=9617ea833c57fd27aaa6b308da3945279ed94a8f Also let me add a bit more on single stocks as I kinda missed that if you want to be a bit more speculative including single stock not only broad indexes. I can recommend buying a basket of all international investable stock exchanges (e.g. NDAQ, ICE, ENX), big tech (e.g. MSFT, GOOGL), china big tech (Tencent, JD, PDD), chips support companies (e.g. KLA, SNPS, ASML), from the smaller dogs I like Spotify a lot. Overall not a huge fan of treasuries but I see the theoretical benefits for a portfolio from a construction point but I just don't like them in a debt ridden world outside that it's better than going cash for a fixed timeframe.
Just FYI - NDAQ is investing in nasdaq the company not the index. Not sure if that's what you wanted/intended. "Honestly, I might just put 10-15% into LUNR and the other 10% left into an ETF as well." IMO, I definitely wouldn't put 10-15% in something like that at all. If you want to have 10% for a basket of early stage things, that's fine but IMO 10-15% is a max position for something established and proven and that you feel very strongly/"best idea" about (NVDA as a company example, although wouldn't put 10-15% in NVDA at this point) "I think I should stick with a generally low risk." NVDA isn't, LUNR definitely isn't.
I have recently inherited some positions from a parent who didn't change any of the positions after the other parent (who did all the allocation selection). Fortunately, most positions ended up being good during that time, but when I got control of it, I assessed it for its utility, and have decided for various reasons to exit all the positions (including BA before that really tanked), only waiting until the next tax year to exit a nice NDAQ position. And one tricky aspect of the inheritance is that it took a month or so to take ownership, but the stocks accumulated a lot of unrealized gains since the DOD (Date of Death, which is when the cost basis resets) and when I got control, forcing me to stay with positions until there was a dip and unrealized gains were not too much. I have figured out that the absolute best security to invest in a taxable account is BRK.B, which has NO INCOME DISTRIBUTION - although I couldn't help myself converting some of that into INTC at $19. :)
NDAQ (Nasdaq Inc. the company that owns the exchange) stock killing it lately as well.
I've posted several times about this but the mods kept deleting it. As soon as they launch TXSE's IPO, hold that shit with diamond hands. Every company that manages a stock exchange has done tremendously well and outperformed the market and become a 10-bagger over the last 2 decades. NDAQ, CME, ICE Look at foreign examples even. The companies that manages the Canadian stock exchange, the British stock exchange, the German, the French/Italian. Not all are unanimously successful( Australia for example), but another American exchange is gonna be a guaranteed success
Ticker NDAQ. I own some because the guy who sells the shovels usually does well.
Next you telling me NDAQ listed on nasdaq
"But something doesn't feel right about investing in a stock exchange itself. " QQQ is an index fund. NDAQ is investing in the exchange itself. "Like, what if in a decade a new stock exchange over takes the Nasdaq and all the major companies move to that exchange?" IMO, that's not something to be concerned about. Exchanges are heavily regulated, don't start overnight and the Nasdaq has been around long enough, built up enough of a reputation that that is where companies continue to often want to list. The LTSE is a small exchange that was thought up during the growth bubble of a few years ago. They currently have still not gotten going and the list of listed companies is (checks) two.
NDAQ is the company stock not the index. NDX is the index, QQQ is the main index ETF, /NQ is the futures. You can not trade the futures or index on Robinhood. Robinhood is a beginner-focused trading/investing platform. If you're following someone trading /NQ, you can follow via QQQ.
Yeah I can see people making this mistake sell NDAQ quickly and buy VGT or QQQ if you want to track the tech sector.
Meanwhile NDAQ is up today. It's good to be the casino, you win no matter which way the market goes.
Y’all should’ve seen the markets drop coming…So many companies with a big influence on DJI, SP500, and NDAQ. What’s the one thing that typically happens before earnings? Price dips.
Hello, full regard here that recently entered the world of investing. Am I understanding this correctly, or am I double regard and someone could explain it like I’m 4 years old? To short NDX on RH, I’d buy calls on SQQQ? Or am I just shorting NDAQ? And then to short SOXL it is directly buying puts on SOXL? Thank you to everyone in advance, been following Eugene for a week or so, but haven’t acted on anything. I wanted to get in on something, if it’s too late hoping to learn a little for next time.
I’m pretty sure the companies that do this are public, CBOE, ICE, CME, NDAQ, SPGI are the tickers.
What's the bet Berkshire Hathaway owns a significant voting share of NDAQ?
Consumer confidence can change month to month and be more reflective of how the consumer is feeling. Also, just the bond market is much larger than the stock market. When looking up the global bond market, it looks to be worth about $133 trillion dollars. I believe the stock market is around $50 trillion when looking at like the NYSE and NDAQ. There's just way more money in the bond market that will impact stocks.
the only news I found is this: [2024-05-09 | NDAQ:AVXL | Press Release | Anavex Life Sciences Corp (stockhouse.com)](https://stockhouse.com/news/press-releases/2024/05/09/shareholder-alert-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investor1)
Who said arbitrage play? Notice what Buffett is buying, (NASDAQ:LSXMA). Possible 40% potential upside post-split, here's the excerpt from Joe Cornell's analysis (no link as he's a Forbes contributor) "Liberty Media Corporation (NASDAQ NDAQ +0.3%: LSXMA, FWONA, LLYVA) and Sirius XM Holdings Inc. SIRI -1.3% (NASDAQ: SIRI), announced that they have entered into definitive agreements whereby Liberty Media’s Liberty SiriusXM tracking stock group (NASDAQ: LSXMA, LSXMB and LSXMK, or collectively “LSXM”), will be combined with SiriusXM to create a new public company, which will continue to operate under the SiriusXM name and brand. New SiriusXM will have a single outstanding series of common stock and is expected to continue to be traded on the Nasdaq Global Select Market under the ticker symbol “SIRI.” "The Company aimed to simplify its structure and reduce the tracking stock discount to NAV. With the announcement of the SiriusXM split-off, the Company looks to eliminate the tracking stock discount in the LSXM shares by merging the \~84% stake held by the Company in the current SiriusXM Holdings (SIRI). According to the latest proposal, the transaction will result in Liberty Media owning 81% of the stake in New SiriusXM (SIRI), while SIRI shareholders will hold a 19% stake. The transaction results from a months-long bargaining progress, at the beginning of which stood Liberty’s proposal to compensate SiriusXM minorities for the additional debt assumed in a merger via a cash dividend. This solution was not adopted, as it would have burdened SiriusXM with even more debt. Instead, Liberty will give up about 3% of its ownership interest in exchange for minorities assuming more debt. As per Greg Maffei, Liberty President & CEO, this combination will create value for all stockholders by eliminating the tracking stock structure, enhancing liquidity and allowing former LSXM stockholders to participate directly in the ongoing performance of SiriusXM. It should be noted that each share of the Liberty trackers (the K, A and B shares will yield exactly the same result, as they will treated as a single class of shares) gives its shareholder a claim on the profits belonging to 8.4 shares of the new SiriusXM. Furthermore, now that the tracking stock discount will be eliminated after the transaction, the current LSXMA share price offers a significant upside from the current share price. Currently, the tracking stocks trade for \~$30, while 8.4x SiriusXM’s price of $5.20 would result in a value of more than $40, and could offer more than 40% potential upside post-split. However, it should be noted that the transaction will likely not close out the NAV discount due to the inconsistency between the intrinsic value of the Liberty SiriusXM tracking stocks and their trading price. Given the small trading float of SiriusXM stock, coupled with an outsized short interest (which is probably not mainly due to an assumed overvaluation but simply to the many arbitrageurs out there that wanted to bet on the closing of Liberty’s trading discount by going long LSXM and shorting SIRI)."