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The only question I have is, if I buy this garbage, will the government bail me out and then some, and make it profitable to buy stock in this incredibly poorly
by epicureanideal 2y ago
The only question I have is, if I buy this garbage, will the government bail me out and then some, and make it profitable to buy stock in this incredibly poorly led company?
- bombcar 2y agoFrom my experience, the only real way to make money on that kind of thing is either own metric shittons of the stock, or be paid big money by the company whilst all the shenanigans are going on.
- s1artibartfast 2y agoHow does one make money from owning s** tons of stock during a restructuring? Do you have any examples
- bityard 2y agoNo. Ask anyone who owned GM stock at the start of the great recession.
- petesergeant 2y agoAn excellent point. Anyone who held common stock of GM pre-bailout saw that stock fall to zero
- paulpauper 2y agoExactly. A bailout means the underlying business is restructured or wound-down; shareholders, bond holders typically get zip
- bawolff 2y agoAs they should. Investments by definition is a risk. If you want garunteed returns use a savings account or GIC.
- chromatin 2y agoCame here to ask the same question. My intuition is yes -- Boeing is America's last / only major commercial aviation jet mfr. -- and I don't think Uncle Sam will let them fail. Economically, I disagree with such a policy, but there's no reason I shouldn't profit from it.
- topspin 2y ago> and I don't think Uncle Sam will let them fail That is a metaphysical certitude.
- deleted 2y ago[deleted]