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Post by Sabrina81 on Jun 17, 2020 19:05:52 GMT -8
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Post by Pistola on Jun 17, 2020 20:38:29 GMT -8
A distillery expansion would be a better plan. There's an inherent truth to drinking and drinking well.
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Post by mikey on Jun 18, 2020 2:42:33 GMT -8
The age of old problem of buying stocks is that someone else has to sell them for you to buy them, that means someone either thinks they are going to go down in value or they have made as much quick money as they can and are moving on to something else. The other major time stocks are sold is for quarterly earnings reporting purposes stocks are often sold so they can take the loss. The key for you is this a long term investment or a get rich quick and dump the stock thing, if it's the second then do your due dilligence in the total company and exactly what, and how much of it, you are getting for your investment. If it's the first then do you think they will be around in 10 or 20 years because if not then find someplace else to put your money. 99% of companies that declare bankruptcy also void all stock shares as they try to come out of bankruptcy, meaning any shares you own will most likely not be worth anything as a Court will agree to void all of them so the company has money to restart itself. During bankruptcy shares of stock are considered debt so if they can void them then all of a sudden they have cash flow as it's something that can be resold for cash. I bought Kmart shares for my son when he was in middle school learning about this stuff, a few years later Kmart declared bankruptcy and voided all the shares and my son was broke. The company came out of bankruptcy and promptly bought SEARS because they all had all this new cash!!! My son was screwed, only 10 shares about $100US, but Kmart was good as gold, now even Sears is mostly gone and history will tell about the executive still trying to make more money off the ashes.
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Deleted
Deleted Member
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Post by Deleted on Jun 18, 2020 12:25:21 GMT -8
A distillery expansion would be a better plan. There's an inherent truth to drinking and drinking well. Pistola speaks the truth.
More is better.
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Post by olderguysrule on Jun 18, 2020 13:39:16 GMT -8
ya could buy one share. then pin it on your dart board. then use it for a dart board practice. :-)
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Post by wilmywood8455 on Jun 21, 2020 13:58:14 GMT -8
ya could buy one share. then pin it on your dart board. then use it for a dart board practice. :-) But what to do with the photo of Ronzo?
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jmjgt
Member
Posts: 3,311
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Post by jmjgt on Jun 21, 2020 14:50:52 GMT -8
ya could buy one share. then pin it on your dart board. then use it for a dart board practice. :-) But what to do with the photo of Ronzo? ...depends on if it's flush-able or not.
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