reply to IllIlIlllIll
Re: Greed Hey don't blame stockholders. The exec's and board had some of us fooled, but it became very clear (mostly through the media) that the costs of the effort and massive lobbying checks being written were negating any real value of pursuing the purchase.
said by JasonOD :I do. WAY too mnay times stockholder looking for a quick buck instead of long term gains (like the way it USED to be ) fuck things up. Quit being in such a hurry to make a trillion $$$ think BIG PICTURE and long term. Are you going to die tomorrow? Nope. And if you are you don't need the money you will be dead. Even if you're 50 you still got 16 years until retirement. What is the fucking hurry?
Hey don't blame stockholders.
BF69, Piss Off, not all stock holders are like that, the oes you speak of are the large investment banks and hedge funds that hold T stock in their portfollios that cause this garbage, while those of us that have it in our 401Ks are in for long term.
Hampton Bays, NY
said by OSUGoose:your point is exactly what i meant.
BF69, Piss Off, not all stock holders are like that, the ones you speak of are the large investment banks and hedge funds that hold T stock in their portfolios that cause this garbage, while those of us that have it in our 401Ks are in for long term.
the majority of the stock holders is what you outlined in your comment.
its another reason why this country is going down hill... fast.
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I dont consider Instutional Holders to be real stockholders, as there whole existance is to deliver returns to their clients. While those of us who are in for the long haul get pissed on.
The markets are largely controlled by mega large speculators and hedgers.
Then Wall St insiders and congress use this knowledge that the rest of us don't have access to in order to make 15+ % gains on a regular basis.
For the average lay person the stock market is no better than a casino.