Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell
by Gustomaximus on Monday March 06, 2017 @11:15PM
(#13808231)
I find this trend of holding voting shares separately a future issue. I know people should invest with their eyes open but this seems to be bending the rules to me. If your selling equity you should be selling right to influence and surprised its not an exchange rule forcing voting rights to ensure their companies dont become dynasties run by minority 'a-class' share holding family members out to milk the company...cough cough paint company that wont be named.
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Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell
by tedunangst on Monday March 06, 2017 @11:29PM
(#13808291)
Yeah, much the same can be said for GOOG. It's like a weird variable rate (currently 0) bond of infinite duration, not a stock.
Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell
by AstralStorm on Tuesday March 07, 2017 @12:49AM
(#13808537)
Very similar to an index fund, except this one is indexed in stock of this company.
Re:Snap Tumbles Below IPO Opening Price as Analysts Say Sell
by tedunangst on Tuesday March 07, 2017 @01:14AM
(#13808615)
Huh, I hadn't thought of it quite that way before. Something to ponder. Most ETFs seem to just vote the default, but I think maybe some pass through proxies.