If I bought stock in Deere ten years ago through Edward Jones, did Edward Jones send a check straight to Deere and Company for the full amount less commission? If I walked in and sold that stock today, would Edward Jones be reimbursed by Deere? That's all I'm saying, when a company issues stock, that's what they get for it, what it was worth at the initial offering. If I'm wrong, correct me. Anytime that stock trades hands after that initial offering, somebody else is either making or loosing money on it, not the company that issued it, correct or not? I just don't think that people should feel like they're somehow helping the company by buying stock after the initial offering. After that, it's just a gamble on whether the value will go up or down or just simply to get the income from the dividends. Right or wrong? Yes, if the stock value tanks below the value of the initial offering, that's a probably a problem for the company, but otherwise, those trading the stock are assuming all the risk of profit and loss.
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Today's Featured Article - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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