SUBSIM Radio Room Forums - View Single Post - Ubisoft posts "New Plan" for SH and other series

pythos · 03-09-10, 02:28 PM

http://www.nyse.com/press/1224497730781.html

Sent to me from my brother.

He also says there may be action taken to severely limit short selling.

Here is another one, I found

http://ca.news.yahoo.com/s/capress/1..._short_selling

And The Daily show (I know hardly a news source...even though it is) has a terrific piece concerning this.

To The OP, you doing that alone won't do to much damage. Think of you doing that like a popped weld on a pressure hull. But if enough people do that, it can mean doom for UBI, or other companies that face this practice. It is tantamount, to a bunch of welds giving away all at once. IF enough companies face this then one will fail after the other, in a worst case scenerio. Remember the purpose of a corporation is to make proffit. Selling stocks does not make profit for the company, so what do the execs do? They cut production, cheapen production costs....lay people off. The more people laid off, the less people can buy, the less is produced, and we enter a vicious spiral.

It is also a practice of sheer unadulterated greed. People making huge stacks of money (perhaps you don't but many do), and as a whole produce not one thing.

The way it is implemented is indeed new, due to the advent of technology that allows on the minute tracking of stocks. It is also one of the major issues in the economic atmosphere.

03-09-10, 02:28 PM	#4
pythos Grey Wolf Join Date: May 2005 Location: Somewhere over there Posts: 834 Downloads: 46 Uploads: 0	http://www.nyse.com/press/1224497730781.html Sent to me from my brother. He also says there may be action taken to severely limit short selling. Here is another one, I found http://ca.news.yahoo.com/s/capress/1..._short_selling And The Daily show (I know hardly a news source...even though it is) has a terrific piece concerning this. To The OP, you doing that alone won't do to much damage. Think of you doing that like a popped weld on a pressure hull. But if enough people do that, it can mean doom for UBI, or other companies that face this practice. It is tantamount, to a bunch of welds giving away all at once. IF enough companies face this then one will fail after the other, in a worst case scenerio. Remember the purpose of a corporation is to make proffit. Selling stocks does not make profit for the company, so what do the execs do? They cut production, cheapen production costs....lay people off. The more people laid off, the less people can buy, the less is produced, and we enter a vicious spiral. It is also a practice of sheer unadulterated greed. People making huge stacks of money (perhaps you don't but many do), and as a whole produce not one thing. The way it is implemented is indeed new, due to the advent of technology that allows on the minute tracking of stocks. It is also one of the major issues in the economic atmosphere. Last edited by pythos; 03-09-10 at 02:41 PM.