RE: Why go public (IPO) on wall street (Full Version)

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MrRodgers -> RE: Why go public (IPO) on wall street (5/23/2011 10:43:29 PM)

quote:

ORIGINAL: xssve

Small as in start ups.

The point I was getting to is that far from being at the center of it, a stock market is not even a necessary component of capitalism, it's superfluous.

I call it vacuousness, full of hot air because without our retirement funds...there is no money from which to build any kind of stock price except what ? Dividends and dividends are blase now and unnecessary to make money due to pure speculation and speculation only. It is hit-n-run now on the markets as exemplified by the speed trading going on.




MrRodgers -> RE: Why go public (IPO) on wall street (5/23/2011 10:48:16 PM)

quote:

ORIGINAL: willbeurdaddy

No, they didnt have the capital to expand as rapidly as the market is. Very simple. You can't sell something that the market doesnt believe is properly priced. The goal of everyone who starts a business is to get rich. BFD.

Getting rich in business is not the same thing as selling shit-paper on the markets that do not exist without out tax deferred retirement money. It is supposed to be all about getting rich but having joined the paper culture...we are slave to the speculators and their power to write favorable tax law...is how one gets a whole lot richer and a whole lot quicker.

TARP proves my point, we bail out the gamblers who gamble away our money.




MrRodgers -> RE: Why go public (IPO) on wall street (5/23/2011 10:55:48 PM)

quote:

ORIGINAL: Musicmystery

The problem is that you're using THIS IPO to represent the entire stock market and even mutual funds as a block, and that's simply not a representative sample. Lots of prudent investors passed on this investment. So did mutual funds with conservative objectives.

Yes, some investors treat the market like a casino. Others are value investors. Hardly justifies your extreme claims.

I made no extreme claims. IPO's seek out the entire market to get the best price. LimkedIn is a perfect example of how a company with $15 million in profits is assessed by the hallowed 'market' to be worth $8 billion. That amount reached that high purely because off the speculation in that paper and has nothing to do with profit and is only as high as that directly because of our deferred tax dollars chasing it.

I'd be interested to know just how many mutual funds made or lost money on this IPO...if any.




Musicmystery -> RE: Why go public (IPO) on wall street (5/24/2011 7:13:03 AM)

Of course you did. You're using this IPO to represent the entire market.

It doesn't, anymore than speculators represent the entire field of investors.

Your hot spots seem to be (1) we don't have to use Wall St. OK, true. We do for various reasons; we don't have to. And (2) some people stand to turn a large profit on this IPO. OK. So what? I'm happy for them. And may the others find it to be the investment they envision. If it's not--they knew they were jumping on a volatile, over-priced offering and took that chance.

Also (3) How many retirement grade mutual funds bought it? I'll bet few to none. You have only your speculations to go by.

How many aggressive funds (by stated fund objectives) bought it? Perhaps those funds went after it. Why not? Their business, as approved by their investors.





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