joether
Posts: 5195
Joined: 7/24/2005 Status: offline
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quote:
ORIGINAL: subrob1967 quote:
ORIGINAL: jlf1961 Actually, it was PROVEN in another thread. Proven to be a stupid complaint...A publicly held company cannot choose the people who buy they're stocks. Yes, your not my billionth person I would go to, for advise on the stock market. So, a publically held company can not choose who buys their stock? That's so lame of an arguement.... Your going to tell me, that a CEO, couldn't invest in his company? That would very much be a public company (the CEO), choosing someone (the CEO), to purchase their stock. How about the top 5% of executives? And that this is normally done on the ultra-majority of publically held companies in the USA? And a record of their investments are kepted as public record, meant to discourage, inder-trading. Actually it can also choose who buys their stock, by buying the stock themselves, and thus, increase the value of the stock price. Trust me, there's MANY ways of choosing who invests in a company. Some of them, are not so legal or ethical methods.
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