Support |
At 12:01 AM -0700 6/29/08, Travis Hartnett wrote:True, but there are investors and then there are investors.
Uh, that's the definition of "investor": someone who gives you some money in the expectation that you'll make them some more money.
There are more responsible investors who believe that supporting good companies that market good products will make them money in the long run. And then there are the "quick buck" investors who only want to juggle numbers in the short-term (often even placing "put" options that your stock will go down, and then starting spurious rumors to try to make that stock fall a reality).
Also, the guys who push a company into the public arena (after all, there's no rule that says one *must* take a company public... ever) are often not much better, since they could be merely looking at the stock bump after the initial public offering as their excuse to make their own fortune. Sometimes a company will enter the market, then crash and burn over the next year because the principals have bailed almost immediately after going public.
Regardless, it gets back to a game of manipulating numbers in a bank account, rather than creating good businesses.