Comment by epicureanideal
11 hours ago
The only question I have is, if I buy this garbage, will the government bail me out and then some, and make it profitable to buy stock in this incredibly poorly led company?
11 hours ago
The only question I have is, if I buy this garbage, will the government bail me out and then some, and make it profitable to buy stock in this incredibly poorly led company?
No. Ask anyone who owned GM stock at the start of the great recession.
An excellent point. Anyone who held common stock of GM pre-bailout saw that stock fall to zero
Exactly. A bailout means the underlying business is restructured or wound-down; shareholders, bond holders typically get zip
As they should.
Investments by definition is a risk. If you want garunteed returns use a savings account or GIC.
From my experience, the only real way to make money on that kind of thing is either own metric shittons of the stock, or be paid big money by the company whilst all the shenanigans are going on.
How does one make money from owning s** tons of stock during a restructuring? Do you have any examples
Came here to ask the same question.
My intuition is yes -- Boeing is America's last / only major commercial aviation jet mfr. -- and I don't think Uncle Sam will let them fail. Economically, I disagree with such a policy, but there's no reason I shouldn't profit from it.
> and I don't think Uncle Sam will let them fail
That is a metaphysical certitude.