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Stockholders are not supposed to get anything if the company they're holding goes to zero, that's not a bug, that's literally how stocks work.
by Etheryte 4y ago
Stockholders are not supposed to get anything if the company they're holding goes to zero, that's not a bug, that's literally how stocks work.
- mahogany 4y agoThis reply (and several others) is focusing on one part of the comment and ignoring the overall point. The question is: if companies are no longer giving dividends, no longer giving voting rights, and you get nothing if it goes to zero, then what, intrinsically, is the value of a stock tied to? Is it something other than "stock will go up so someone will buy it at a higher price"? How does it differ from, say, Bitcoin?