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This was posted on .com. Ebay shares downgraded.

Since eBay doesn't pay dividends on its profits, there are no 'investors' in their stock.

Only gamblers who will be snatching up the currently low priced paper for resale when the next quarterly report comes out-- and the price of the stock rises.

 

None of the money in the stock market goes to the company.

Any of the money that went to the company was harvested when the initial stock offering happened.

Everything after that is just the Wall Street Casino churning and churning.

 

Fixing the Game by Roger Martin is well worth reading if you want an understanding of the stock market.

http://www.rotman.utoronto.ca/FacultyAndResearch/Faculty/FacultyBios/MartinR.aspx

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This was posted on .com. Ebay shares downgraded.

This story was posted here on eBay.ca a few days ago.

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