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danramos's Avatar
Posts: 4,672 | Thanked: 5,455 times | Joined on Jul 2008 @ Springfield, MA, USA
#72
Originally Posted by ossipena View Post
you just went thousand miles off the track. and you are so wrong that you can't even have a clue... it is shame that people criticizing wall street people are the ones who don't even bother read up on what stocks really are etc..

but lets start with basics: share price is a price the deals are made currently with relatively small quantities. if Jobs has more cash than nokias share price multiplied by amount of shares, he can't get all the shares. that is because when you buy shares in large quantities, prices go up (demand becomes higher). usually when trying to get all the shares, you have to pay a premium. the higher the premium, the bigger the probability that you will succeed. but I'll say that with nokia it would have to be something like 200-500% to even look a bit realistic.

If I'd own nokias stock, Jobs would have to pay me about 500% premium for it.... if he don't, he doesn't really want it.
Hah... socially, lad, you were the one thousands of miles off track. I was being funny. (hence the humorous quote.)

On the other hand, you're right. Wall Street understands the stock market JUST FINE. Otherwise, they wouldn't be scamming so many people so often for so much money.

Wall Street. How do I loath thee... Let me COUNT the ways: Depression-one thousand, Keating5/Savings-and-Loans-one thousand, BCCI-one thousand, Enron-one thousand, 2008-Collapse-one thousand...