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Old 10-10-2007, 10:26 PM
JJSCOTT2 JJSCOTT2 is offline
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Join Date: Sep 2006
Location: Tampa, FLA
Posts: 312
Default Re: some weird moral questions...

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You selling puts downward pressur eon the stock and though tin,y means less fudnign will go to that sector of the econmy in the future (hope thats rght).


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Not 100% sure what you mean by this but I'm pretty sure that your wrong. In general,the company doesn't care whether you sell their stock or not. They already made their money in the IPO, and you selling the stock at $50 or you selling the stock at $150 has no influence on the company what-so-ever. They have their money already made, you are just trading on the secondary market.

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I'm pretty sure that's not what he was getting at.

But I wanted to point out that what you say is not entirely true either, there are lots of reasons for the company to care about their stock price even though there is no direct revenue link once its in a secondary market.
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