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That just shows what a travesty the stock market is today. It was meant to be a mechanism for people to invest in companies in which they had an interest or bel
by dingaling 6y ago
That just shows what a travesty the stock market is today. It was meant to be a mechanism for people to invest in companies in which they had an interest or belief. Now it's just a way of transferring wealth from one place to another without benefit to the company.
- perl4ever 6y agoThe public companies that have been wildly bid up to absurd valuations are frantically issuing stock right now. That cash definitely benefits them.