Comment by forlorn_mammoth
6 hours ago
No, but how about the 500 that
have been profitable under GAAP accounting rules for at least 12 months
have a public float of at least 10% (so that new investors have some governance rights)
have traded for at least 12 months (and won't have sudden changes in public float or shares available due to lockups and recent listing)
Why is that set of rules particularly good?
Ultimately, it's consistency that's more important with stuff like this (IMO, obviously).
Move slow, fix things.
No offense but your responses sound like AI or engagement farming. I think the "why are these rules good" is self-evident to anyone who read the comment.