Treasurer (White Giant)
| Thursday, October 16, 2008 - 10:39 pm |
Yeah but that requires you to seriously alter the performance of the corporation and possibly have to take out loans which require interest, repayment, etc. (Things I don't like being on the receiving end of). When investment funds get a hold of my shares, I use a different method, where I artificially inflate the price of shares through massive bidding and then all at once pull the bids and watch the price plummet which really screws with the P/E. Makes it totally unstable without hurting the corps profits and workers. When the P/E goes up above 70 (some say it is 75 now) they always dump the shares to your waiting arms.
I used to be in the corner of allowing direct sales of shares to one individual entity. Yes it would make for share trading to be more streamlined, but it would also take the share market effectively back to where we were in the beginning where not enough public corps were available that had shares openly being traded for the massive amounts of computer controlled Investment Funds out there. Those c3s and many other players who have their funds set on automatic rely on there being many public corps that have available shares. These funds help pay for the well being of retirees, etc.