Investor Sues to Block HP's Palm Buy
"I'm not making as much money as I want"
Isn't it wonderful the way people think?
/sarcasm
trojandrew said:
no joke, what an idiot /boggle. I would be STOKED that Palm stock went up immediately by 25% at the announcement of the purchase? I haven't checked recently, but I'm sure it's better then the continual downward spiral it would have been on.
Really? Would you be stoked if it was still 75% less than you bought it for even though it was up 25%? Funny how the internet jockeys are smarter than the guy who had the $$$ to invest in the first place.
The stock's been tanking for months now. Any rise is a good thing
i guess he bought a boat-load at over 40$?
he losing money if he sold at 33$ to microsoft?
or you rather hold on your yhoo at 15buk and 29 cents? hahah
just because you still losing 75% of your money on palm (if hp buys palm at 7.50$).
so you rather block the buyout and hold on to your palm shares at under a buk? (if buyout is blocked?)*
*my opinion
Most times you do win, but sometimes you do lose.
Versed said:
That is because there is a thought that there is a given right to make money on an investment without the acceptance that their could be a loss. BTW this only holds true for the rich investors.
Most times you do win, but sometimes you do lose.
Lol...block the purchase, let the company go bankrupt, lose your stock, and let all the employees lose their jobs as the patents are liquidated in a fire-sale to pay creditors.
Not just investor, but everybody lose! (in the Italian accent)
shiftmobile said:
Really? Would you be stoked if it was still 75% less than you bought it for even though it was up 25%? Funny how the internet jockeys are smarter than the guy who had the $$$ to invest in the first place.
I would be totally stoked if it was 75% less than I bought it for instead of 90% less than I bought it for. I'd realize I'd have to take a loss, accept it, and be glad that the loss got somewhat minimized with the acquisition. That's the nature of investing...if you can't accept that investments might lose value, you should put your money in a certificate of deposit, FDIC insured money market account, or even interest bearing checking account (which all have interest rates so low t...
(continues)
Menno said:
"So I'll sue the company to make sure it can't sell, it goes out of business, and I get nothing"
Actually, that's not true. He'll get years of Chapter 7 bankruptcy liquidation and litigation. After that's finished, he'll get nothing.
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