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Showing results for tags 'finance'.
Do you understand the stock market? Had some discussion about this with a few guys yesterday and figured I'd do a bit of a straw poll. Does anyone here feel they understand the stock market to any degree? In recent years, the thing companies seem to do is just let their price climb. Historically the stocks never really got above $100 or if they did a stock split would occur. Do people really understand that a stock having value of $50 may not mean the company is any better off than another trading for $40? I by no means would say I understand the stock market. I can spot big things that may cause one to move up or down a bit, but in general the movement of the market or individual stocks and what makes it tick seems to just be smoke and mirrors a lot of times. And yes, yesterdays debate was the result of the fact that for a little bit MSFT surpassed Google in value, and the fact that we didn't figure most of the general public understood how a stock price of ~$32 would possibly be better than something near $800 a share....