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Re: fatsound post# 75602

Thursday, 03/26/2015 5:17:11 AM

Thursday, March 26, 2015 5:17:11 AM

Post# of 86719
They're something like 7 degrees of separation removed from the beer. They assist with marketing. They lose money doing it. They have no ownership stake in any products. They owe millions and they use death spirals to keep paying their 1 "full time" employee and some part timers.

This stock hasn't been about selling product for years. It's just selling stock now. And when you are allowed to sell shares to retail buyers, then buy them from the company at less than half the cost you sold them 5 minutes ago, guaranteeing yourself a profit, why would you want to be the retail buyer?

Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson