Quote from businessstaxes:
do you think a millionaire investor would give you $475/share for google or $275/share for apple.
the answer is NO! cause it's a rip off price okay.
public companies are either worthless or overpriced...ripoffs. only dumb money would give you the asking price. retirement funds and pension funds. etc. they have too much money that they have to invest in equities.
t-bills or REIT only and you won't get rich with 5% ROI okay..5% and pay 2% management fee is a joke to me or any seriouis investors which is a measely 3% b.s. return--it's joke return.
i laugh at any business man making less than 5% ROC
and when you buy these stocks you are not buying the shares you are buying more likely naked shares and the market makers keeps the money and never have to deliver the shares.
do you think a 'broker' like goldman sachs made billions in profits in 'commissions' goldman sachs made billions in shorting stocks and shorting worthless CDO etc. market makers don't have to deliver stocks and can naked short any stock. and have no margins in shorting stocks. they have an advantage in shorting unlike retail traders who short.
my negative suspicions about people are always correct.
frontrunning, insider trading, running stops, market manipulation, naked shorting, HFT machines program to trade against clients etc. is goldman sachs etc is their dirty secrets. wall street is scam is the dirty secret.
