The Jailhouse

[Bird of Prey]

if I bought Microsoft from someone who flipped the IPO, who "lost" all the money I made?


Since you appear to "require" an answer...

Unless you consider the fact that the seller did not participate in MSFT's performance over the last 24 years a "loss", you would have to say, no one "lost". However, given MSFT's performance I'd say if you ask how the seller felt about the trade *now* they might respond with something akin to "I sure missed the boat on that one!"

Just for fun, I wonder what Ms. Shell would have had to say about MSFT way back when...especially after seeing with this board of directors!



Additionally, I did not declare that there were a large number of "quality positive" posters out there. Like "quality negative" posters, they are a rare breed. And I would dare say that Ms. Shells record as a savior of finance would be about even with any top notch "Q-P" poster.

Believe it or not, not everything is a "scam", not all company officials are corrupt, and not all investors are sheep. Some folks have never even heard of Ms. Shell, yet have managed somehow to avoid the scams and make money in the markets...imagine that!

I do agree that market manipulation can work both ways, what I don't agree on is that it works "better" in one direction or the other. For example; while the potential gain may be greater on the long side (P&D) it is far easier to execute a (S&D) on the short side. In the end it evens out. and both are equally wrong.

FWIW, I'd love to see Mr. Pink's sell recommendation date, to see just where it came in comparison to Conseco's all time high.


The Bird of Prey

BTW, here is an old but relevant tagline...

You can't con an honest man...only the dishonest, greedy man can be conned.