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Not really. If there aren't investors willing to buy your stock within a few minutes, there won't be any HFTs willing to buy either. HFTs just bridge that gap in time, for a fee.



You said 3 months. Bridging gaps in time is useful and worth a fee, even at amounts of time significantly shorter than 3 months. I made no claim about all HFT being this, I complained about the metric you were using.




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