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Re: yes because scams are totally your fault...

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Mixernxer is not online. Mixernxer
Joined: 06 Sep 2008
Total Posts: 14112
12 Jul 2014 12:15 AM
A legit company has a bunch of stocks and you're an investor so you invest. But then the company isn't legit anymore and takes everyone's money.

Like Google. According to logic, person can be as legit as they want and still scam. So google could scam every one of their investors and their money. Yet you trust google with your online shopping and form filling (which they can EASILY record).

Totally your fault for being so gullible.

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brbgottaP is not online. brbgottaP
Joined: 22 Jun 2014
Total Posts: 527
12 Jul 2014 12:17 AM
thats how you lost your first ic
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Mixernxer is not online. Mixernxer
Joined: 06 Sep 2008
Total Posts: 14112
12 Jul 2014 12:18 AM
you could say that.
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Mixernxer is not online. Mixernxer
Joined: 06 Sep 2008
Total Posts: 14112
12 Jul 2014 12:20 AM
1?
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L2000 is not online. L2000
Joined: 03 Apr 2008
Total Posts: 77448
12 Jul 2014 12:20 AM
Well that's not how stocks work

Stocks are sold by the company originally.
After that, they move around from investor to investor to investor on the stock exchange; the company controls nothing.

Although a company may hand out dividends, its not required.
So you could have a company do nothing, you'd still make money from trading your stocks to other people.

The only thing the company does is run. The company can't scam with it because the owners would have stocks; there's no set owner without those stocks. Whoever has the most stocks owns the most of the company. So, obviously, if the company scams, that just means the owner's cheating himself.

... am I too much into accounting?

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Mixernxer is not online. Mixernxer
Joined: 06 Sep 2008
Total Posts: 14112
12 Jul 2014 12:22 AM
shh @l2 pretend as if this was lmad applicable, and the company owns the stock k
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Mixernxer is not online. Mixernxer
Joined: 06 Sep 2008
Total Posts: 14112
12 Jul 2014 12:23 AM
(because a real life example sets the point better)

ik its inaccurate by a smudge k
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L2000 is not online. L2000
Joined: 03 Apr 2008
Total Posts: 77448
12 Jul 2014 12:25 AM
ok
that was fun stuff tho
so
much
fun

end of the course project was to study costco and see how they were doing in their business.
apparently their business is losing money in selling stuff, but since they have memberships, they end up profiting from membership fees.
fun.

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Mixernxer is not online. Mixernxer
Joined: 06 Sep 2008
Total Posts: 14112
12 Jul 2014 12:25 AM
that's why they are so cheap..
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evanss is not online. evanss
Joined: 15 Jul 2010
Total Posts: 3964
12 Jul 2014 12:26 AM
what if you get keylogged?

u dont know if a download is/isnt a keylog and u download it

~ Evanss | GFX Designer | XFire- evanssgfx | evanssgfx.deviantart.com
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jirachidog is not online. jirachidog
Joined: 13 Apr 2009
Total Posts: 55142
12 Jul 2014 12:28 AM
Well yeah. Costco is the most BS company to date. I broke a phone (not even supposed to return it if user broken) after the warranty and an employee gave me the same one but with an extended warranty.
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L2000 is not online. L2000
Joined: 03 Apr 2008
Total Posts: 77448
12 Jul 2014 12:29 AM
lol @ jirachi
ye
they had a good loss in their selling
but then sooooooooooooooooooooooo much was from memberships like 30% of their revenues was from dat

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