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Who really thinks that stock price has anything to do with ownership? Since no one can actually buy Amazon, it's "market" price is purely speculative. In both
by markhahn 8y ago
Who really thinks that stock price has anything to do with ownership? Since no one can actually buy Amazon, it's "market" price is purely speculative. In both senses.
- mi100hael 8y agoWhat are you talking about? A share represents a literal 1/485320000 ownership stake in Amazon and the market price of a share is definitely not speculative as I can go out and easily purchase shares at a given price. If Walmart or Alibaba or some other sufficiently large enough company wanted to buy Amazon, they absolutely could. And they'd probably pay a premium over Amazon's current market cap!