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LuLeVan

01/19/24 6:57 AM

#782675 RE: JOoa0ky #782673

You can explain it 100 times and still those who will never understand it anyway will not get it. Success in the stock market depends to some extent on intellect and knowledge. If you don't know the basics, you won't make any money and - unfortunately - you'll end up as a bag holder for those who do.

DaJester

01/19/24 9:43 AM

#782697 RE: JOoa0ky #782673

Unfortunately have to agree. It's the percentage of the pie they are stealing, doesn't matter how many slices there are or how much each indiv slice is worth.

Which is why the focus should be on - why is Treasury allowed to steal any of the pie? 80% is ok, but 99% is bad?

trunkmonk

01/19/24 10:16 AM

#782707 RE: JOoa0ky #782673

Ur confusing it. The worth of each share has everything to do with whatever their stake is. The 10c crowd will never comprehend this, they only care about conversion low and magically someone will buy their converted share high. The conditions on how they steal more shares in warrants or whatever in RR will determine if anyone will buy into it on Wall Street. I remember Mnuchin calling them in, told them the plan, they just stared at him. Their reputations would have been ruined if they pushed his plan on the street.