Re:Metabook
by einpoklum on Thursday November 04, 2021 @07:47AM
(#29105899)
> Is one truly making a statement and helping Evilcorp by buying stock?
That's not the point. The point is that when you buy EvilCorp stock, you:
1. Are part of the owners of EvilCorp, i.e. participate in decision-making in EvilCorp (at least in theory), so you are taking partial responsibility for its actions.
2. More importantly, you are providing EvilCorp with more funds to do its evil work.
The above is completely irrespective of stock prices.
Re:Metabook
by philjohn on Thursday November 04, 2021 @08:12AM
(#29106132)
Not if you're buying stock on the open market - only in the IPO, or in additional sale rounds, are you providing funds for a company to scale out their operations.
That's not the point. The point is that when you buy EvilCorp stock, you:
1. Are part of the owners of EvilCorp, i.e. participate in decision-making in EvilCorp (at least in theory), so you are taking partial responsibility for its actions.
2. More importantly, you are providing EvilCorp with more funds to do its evil work.
The above is completely irrespective of stock prices.