PCT Ltd (PCTL)

[snow]

Acadianman "For every loss in the stock market, there is an equal and opposite gain for someone else. And vice versa."

I think that sort of reasoning is based on a fallacy. Let us assume that a company raises a certain sum of money and starts business on that basis. Let's also assume that the stock price moves down and down because the company loses money. If shareholder A sells his shares at a loss to person B and that person later sells his shares at a loss to person C etc they are all losers. If a company is very successful the shareholders may generally make money even if they buy shares at constantly higher prices.

I am a somewhat rare person because I generally think what I post even if it does not serve my own financial interests. I think it would be a good thing if more posters act that way.