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Wednesday, March 21, 2012 1:55:07 PM
Because if you buy in a new company that seems promising at say, $20, would most people sell at $22 or 23, some but not as many that will once it hit's $30 or more and by then the company has(or should have)a solid track record and plenty of eager buyers for those shares because they likely pay a dividend on top of their upward trend and future company plans.
But with these stocks, the true and few ones, I don't see how they can raise capital through shares when you have everyone shorting, flipping and selling to make tiny money compared to what is possible and plausible with GDSM.
If I owned a ship, I wouldn't want everyone jumping over board cash in hand along with the passengers carry-ons.
You make a good point.
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