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Old 03-29-2020, 06:41 PM
DianeM DianeM is offline
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Quote:
Originally Posted by Kenswing View Post
You can disagree all you want but it doesn't change the facts.

When you buy stock you're basically buying part ownership in that company. The thing is at these prices the company isn't selling shares. The shares you want to buy are coming from other investors who are selling their part ownership in the company. The actually company gets no benefit. The only person that benefits is the person who sold the shares.. And you because you now have an equity stake in that company.

No product was sold. No store made a profit. No employee made a commission. The transaction only took place between you and the person/institution who is selling the shares.

You're not actually putting any money into the market[place. If the stock price goes up you're actually going to have more money that you started with. Of course if the price goes down so does your investment.
Did you really believe this was my first rodeo in the stock market?

I am an owner in said company - and that’s fine with me.

Employees get to maintain their jobs and produce items we all need - light bulbs, cars, medication, cereal, etc. Stores will make profit when item manufactured is sold.