Bob Malone RJ: Bob Malone CO: Malone Post Rating: 1 + / - Total Posts: 341 Karma: 191 Joined: Apr 17, 2012 |
Posted on May 6, 2012 I have no clue about the reason but this doesnt look okay/fair :http://www.ratjoy.com/eos/player/550 and it's not the first time I see that... |
David MacIver RJ: DRMacIver CO: David R. MacIver Post Rating: 0 + / - Total Posts: 47 Karma: 56 Joined: Apr 5, 2012 |
Posted on May 6, 2012 Could this just be the result of an unusually successful IPO?
|
Jack Park RJ: Jack Park CO: Cicero Post Rating: 0 + / - Total Posts: 19 Karma: 26 Joined: Apr 15, 2012 |
Posted on May 6, 2012 I highly doubt that. He currently has more cash on han than his networth, and if you add the two he has a networth of approximately 197.3 Billion Econosian Dollars. Thats like 160B in a day if you look at his profile, so if this was the result of a unussually successful IPO than the stock market is broken. He might have done multiple IPOs though, as most of his companies recently shoot up in value also, and look to have been around for some time. Just the three IPOs of his public companies wouldn't explain everything though, as his netwroth is greater than all three of them combined. In fact all of his companies appear to have recently shot up in value, public and private. Wonder where he got it all. |
Kevin Titus RJ: Alfred Sloan CO: Kevin Post Rating: 0 + / - Total Posts: 3 Karma: 11 Joined: Apr 5, 2012 |
Posted on May 6, 2012 I lost 30 million to a stock market scam, and nothing at all was done about it (I still have the stocks weeks later, unable to sell even at an immense loss). Which maybe means that this is exactly how the stock market works. Maybe if you guys invested smartly, and initiated IPOs at smart times, you'd be able to benefit from the market like Andrew Ryan has. Instead you just keep on trucking by upgrading facilities and selling in stores/on the b2b, which is clearly not the smart way to do it.
|
John Bouton RJ: John Bouton CO: LOL Post Rating: 0 + / - Total Posts: 20 Karma: 27 Joined: Apr 3, 2012 |
Posted on May 6, 2012 He has issued around 2 billion shares in his shell company. By artificially inflating your net worth and continually issuing more shares you can conjure money out of thin air just like Walter Yorkshire and Andrew Ryan!
|
Brent Goode RJ: BB Goode CO: BB Goode Post Rating: 19 + / - Total Posts: 506 Karma: 180 Joined: Apr 5, 2012 |
Posted on May 6, 2012 The good news is that they won't be around long, and Scott has another peak at a leak he can fix.The bad news is...this is going to push my heart warming story about two children saving a two headed llama from a mad veterinarian to the back pages of the ENN newspaper. |
Richard Ripberger RJ: Rip CO: Rip Post Rating: 19 + / - Total Posts: 153 Karma: 78 Joined: Mar 28, 2012 |
Posted on May 6, 2012 Awesome, I love your news!On the other hand I would suggest everybody relax a little. There are a couple holes, like issuing stock being counted as income when it isn't. I thought this got plugged when contributing cash to a private being counted was, but guess not. The easy thing is be careful what YOU invest in and have faith that those creating paper empires based on taking advantage of these issues will receive divine if not judicial justice. |
Brent Goode RJ: BB Goode CO: BB Goode Post Rating: 0 + / - Total Posts: 506 Karma: 180 Joined: Apr 5, 2012 |
Posted on May 6, 2012 The easy thing is be careful what YOU invest inRip is so right. One of the first things I learned upon arriving here was to look before you leap. If a company suddenly has 5X more cash than it takes in a week's worth of gross revenue, or it pays out 90% of its net earnings in salaries, etc... then you are not the brightest bulb on the tree if you are buying their stock and looking for substantial growth. |
Al White RJ: Reeboy CO: Mister Blonde Post Rating: 0 + / - Total Posts: 14 Karma: 11 Joined: Apr 12, 2012 |
Posted on May 6, 2012 Hehe, I am not a smart man (I bought shares in Glados!).I've bookmarked the capitalism online URL, but wonder if there is a definitive time and date set to start the new game? I'd hate to be late to the ball! ;-) |
Aaron Barr RJ: Aaron CO: Aaron Post Rating: 0 + / - Total Posts: 81 Karma: 74 Joined: Apr 13, 2012 |
Posted on May 6, 2012 Brent what you just described can only happen by exploiting the stock formulas... but I guess thats cool, unless you buy the whole B2B. Cause Yorkshire hasn't done that and hes in the right.
|
Andrew Naples RJ: Clemen Salad CO: Clemen Post Rating: 0 + / - Total Posts: 214 Karma: 89 Joined: Apr 26, 2012 |
Posted on May 7, 2012 I still don't understand the market. A new microsoft company is almost 800 bucks a share with 0 factories, 0 stores, 0 research.
|
Richard Ripberger RJ: Rip CO: Rip Post Rating: -17 + / - Total Posts: 153 Karma: 78 Joined: Mar 28, 2012 |
Posted on May 7, 2012 Post hidden due to its low rating (click here to show post)
|
Scott (Admin) RJ: Ratan Joyce CO: Ratan Joyce Post Rating: 0 + / - Total Posts: 1175 Karma: 5083 Joined: Jan 13, 2012 |
Posted on May 7, 2012 The 0 0 0 are probably caused by me destroying all the buildings, same goes for their cash and jailed owners.
|