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I pointed out 5 ways that a rising stock price puts cash in the pockets of a corporation. BTW, if you know of an econ book that espouses your theories, I'd lik
by skookumchuck 8y ago
I pointed out 5 ways that a rising stock price puts cash in the pockets of a corporation.
BTW, if you know of an econ book that espouses your theories, I'd like to read it.
- EliRivers 8y agoI pointed out 5 ways that a rising stock price puts cash in the pockets of a corporation. No, you did not. Your arguments rely on the company selling (or otherwise exchanging) their stock. The rising price doesn't put money in the company's pocket; selling (or otherwise exchanging or collateralising) their stock is what gives the company money. If the stock is worth more, the company gets more at that point, but a simple rise in stock price doesn't give them more money. The company gets more money when they offload their stock. After that, it's just other people swapping the stock around. As for your passive-aggressive appeal to authority... a rising stock price puts cash in the pockets of a corporation Well, you've asserted that when some private individuals trade a company's stock amongst themselves at a higher price than they did yesterday, someone gives that company some cash. That's your assertion; that if I sell some Servicemaster Global Holdings Inc stock today for more than it was traded at yesterday, somebody will give ServiceMaster some cash. Who's that somebody? Why would they give ServiceMaster some money?