Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Here's the question. I'll say which side I am on later!

>inventory
You have:
100 shares of ABC stock

>look
A stock exchange
You are inside a stock exchange. People flitter here and there, doing this and that. On a giant screen, you see a display of recently traded market prices for various securities.

In front of you stands a middle-aged man in an evening suit, top hat, tails, and monocle.

>look at screen
(the giant screen)
The screen blinks as the prices are updated in real time. You see ABC stock trading at $20.00/$20.01.

>think
You remember purchasing ABC stock at $100. Those were the heady days of the internet/covenant-lite loan/Y2K/BRIC bubble. A pang of regret gnaws at you.

>ask man about ABC
(the besuited gentleman)

"Sir! As a special offer, I am willing to buy your hundred shares of ABC stock at $40.00 per share, for a total of $4,000! If you wish to take advantage of this offer, please tell me! Thank you good sir!"

>_

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Given the information provided, of course you sell. Why couldn't buy back your 100 shares for $20 from someone else at the exchange after selling to Mr. Monocle?

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

OMG, I hope its your gf thats the retarded one.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Buy more shares at $20. Either it goes up or you eventually wind up owning ABC. Win/win.

Edit: Couldn't find a picture of Homer in tophat and tails. [img]/images/graemlins/frown.gif[/img]

http://img472.imageshack.us/img472/6150/pic2dj5.png

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

[ QUOTE ]
Given the information provided, of course you sell. Why couldn't buy back your 100 shares for $20 from someone else at the exchange after selling to Mr. Monocle?

[/ QUOTE ]

exactly what was going through my mind

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Stop picking up girls from special ed.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

I must say this op is quite the paragon of good humor good sir!

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Is the guy Mortimer Duke? Has the stock split 6 times since you bought it?

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

It's remarkable that a post with such stupid content could be so amazing.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

my Q is how did you lose 80% to start off with and not cover n00b

you should have cut your losses long ago.

I say sell but you rode it out this long , it doesn't matter what you do rly
you might as well keep beating that dead horse
http://ta4ek.net/forum/images/smilie.../deadhorse.gif

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

OP is unnecessarily convoluted. sell.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Why is this in OOT?

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

I would wonder why the hell he wants to buy them for twice as much.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

[ QUOTE ]
OMG, I hope its your gf thats the retarded one.

[/ QUOTE ]

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

[ QUOTE ]
I would wonder why the hell he wants to buy them for twice as much.

[/ QUOTE ]
It doesn't matter. Even if he has some super secret inside info, you sell your shares to him for $4000 and buy 100 shares from the market for $2001.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Someone needs to get dumped here.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

god you are all idiots.

think about it
this guy is dressed like a richman
HE KNOWS WHAT HE'S DOING

if he wants this stuff for twice the price, HE KNOWS SOMETHING. he knows this stock is that valuable that he's willing to up the ante and get em while they hot from you asap without having to worry about finding another seller.

you hold on to that [censored] and buy as much ABC as possible. the markets about to boom ABC and all you losers are left in the dust how funny can't believe it
gf's # please

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Hell, go buy the stock and then sell it to him. Maybe even tell him you can get him 1k shares and you'll give him a 5% discount.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

lol girls are dumb

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Guys, op is really posing a thinly veiled question about a game of monopoly against his gf. He was wondering whether or not he should have sold Baltic Ave. The answer: of course sell Baltic Ave it sux.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Is this what's stopping you from posting the Monday Konrad?

-ZEN

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

I don't know what'd be worse: if garcia reveals some twist to make this interesting, or if he doesn't.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

too little infomation- can't answer properly

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

[ QUOTE ]
lol girls are dumb

[/ QUOTE ]

Lack of replies by the OP makes me suspect otherwise.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

[ QUOTE ]
[ QUOTE ]
lol girls are dumb

[/ QUOTE ]

Lack of replies by the OP makes me suspect otherwise.

[/ QUOTE ]

Yup.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Hey guys,

Apparently OOT is not a representative sample of the "average person" so I was being freerolled by my gf. [img]/images/graemlins/frown.gif[/img]

Here's some clarifications:

The shares are liquid and tradable. You can buy and sell them at the market for $20.00/$20.01. Let's say liquidity is immaterial, you can transact millions of shares at those bid/ask prices.

The gentleman is offering to buy them at $40 because he belongs to an obscure religious cult. This cult prevents its members from having too much excess money. All excess money must be used firstly to buy sweet threads, and secondly to buy shares from strangers at double the market price.

To those who said don't sell, I'd like to know the reasoning behind your decision? I've tried hard to think of why, but I don't get it [img]/images/graemlins/frown.gif[/img]

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

OBV this proves that poker is still profitable.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

my original reasoning behind not selling was i thought the well dressed man might know something that you dont.

but with this new scenario...him being a religious idiot. i say sell.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

bahh, there goes 2 minutes of my life ill never get back.

op has a retard for a g/f

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

yeah, i voted no sell because i figured if someone was gonna buy for double they have some inside info that hte stock is gonna be worth more, but with new info obv sell

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

lol wtf is wrong with anyone not selling???

if he knows something you dont then fine sell him and then go back and buy double what you had in the stocks before with the money he gave you.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

But you would have to take a loss on your holdings, you don't get rich by taking losses. Better to wait until it gets to your purchase price before you sell it

Agree or disagree?

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

[ QUOTE ]
But you would have to take a loss on your holdings, you don't get rich by taking losses. Better to wait until it gets to your purchase price before you sell it

Agree or disagree?

[/ QUOTE ]
uhh i'm sticking my neck out here since i don't know stocks very well, but isn't this a sunk cost? it shouldn't matter that you've lost money on the stock already - what makes you the most money from here on out is most important. so in this case, you make more money by selling the shares to the gentleman now and then buying back the shares (or even extra shares) at market price than you do by simply holding on to your original shares.

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

[ QUOTE ]
But you would have to take a loss on your holdings, you don't get rich by taking losses. Better to wait until it gets to your purchase price before you sell it

Agree or disagree?

[/ QUOTE ]
are you a troll/is this a level?

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

New Poll:

Would you like me to give you $2000 dollars? Check one:
[ ] Yes, please
[ ] FU I ain't sellin at no loss

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Garcia, your gf won the bet, huh?

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

and people wonder why i'm a misogynist

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

This has got to be one major level. Else, HU4ROLLZ?

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

Okay, some background, my girlfriend and I are talking about stocks because it's the hot trendy thing where I am. So she mentions how she has a few crappy overvalued stocks and she is waiting for them to go back to her purchase price before selling.

I ask her, "But if they are crappy and overvalued, why not sell them now when the market is hot?"

She says, "But then I would take a loss!"

I say, "But what does that matter? If you think they are worth $20 and the market is offering to buy them from you at $40, why wouldn't you?"

She looks at me like I am an alien and says that I don't know how to buy stocks.

So the [img]/images/graemlins/confused.gif[/img] is with me. Then I ask her about the scenario above with some guy offering to buy at $40 when the market is trading at $20. She says she still wouldn't sell because it would be taking a loss, she'd wait until it got back to $100.

[img]/images/graemlins/confused.gif[/img]

So I say, "WTF? That's stupid, no one would do that!"

So she says, "O RLY? Everyone would do that!"

I say, "Let's put it to a vote then!"

She says, "Sure!"

Now she angleshoots me by saying OOT isn't representative, what's my next move OOT

Re: Who\'s right - help me settle a bet with gf, w/ poll w/o mspaint
 

[ QUOTE ]
Now she angleshoots me by saying OOT isn't representative, what's my next move OOT

[/ QUOTE ]

Is she going to hold onto you also?
Or will she take a loss at some point?