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The GM's are effectively putting chains on CEO's now. (White Giant)

Simcountry: Simcountry Bulletin Board  The GM's are effectively putting chains on CEO's now. (White Giant)

Keith Allaire (Little Upsilon)

Sunday, July 13, 2008 - 07:30 pm Click here to edit this post
Tom, you still don't GET IT.

The fact remains that shares of corps that our CEOs control slowly vanish into black holes when we are not placing sell orders.

I reiterate, WE ARE NOT PLACING SELL ORDERS.

In the real world, there are many publicly traded corps in which large shareholders control huge chunks of the company. It is possible for a company to only publicly trade 10% of its shares and yet still be listed on a public stock exchange.

Why do you not understand this? Real life doesn't care if the corp is "truly public." If any shares are traded publicly, it's a publicly traded corp.

As I said, I do not care if investment funds grab some shares during the IPO...but if I just happen to buy some of those shares, they had better remain mine, because I am sure as HELL not selling them.

This confiscation of shares remains a huge disincentive to participate in the share market and I will not do so at least until I hit the 750 corp limit.

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