so? that doesn't change anything. what i'm arguing against was your assertion:Quote from garfangle:
I am not talking about an illusionary fly-by-nighter (see ZZZ Best), but if a solid company did it this way: a Google, a UPS, et al.
yes it can! only, instead of falling in price, it will fall in volume (because buyers will disappear). which is worse, because then you couldn't sell even if you wanted to.Quote from garfangle:
That way the stock can never fall
put it another way: the only way to guarantee the stock won't fall below X would be to make sure there are buyers for it at X. your suggestion of putting X at the exchange price minimum won't guarantee that. simple.
- jaan