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Oct 16, 2008 | Posted by: findingDulcinea_KED

Market Downturn Spurs Involuntary Stock Sales

Full story: www.findingdulcinea.com

Business executives admit to selling large stakes in their companies to cover debts to financiers in the latest wave of forced stock sales.

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Showing posts 1 - 5 of5
William

New York, NY

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Judge it!
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#1
Oct 16, 2008
 
More regulation please. I am sorry but human nature and greed will always drive things into the ditch.
Economista

New York, NY

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Judge it!
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#2
Oct 16, 2008
 
Well, the corporate bigwigs aren't really doing anything illegal, per se; however perhaps it's just not a good idea to buy millions of stocks on credit? Doesn't this parallel how we got into the whole asset-backed security mess?
McMillin and Son

New York, NY

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Judge it!
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#3
Oct 16, 2008
 
I'm sure Joe the Plumber wouldn't have sold his large stakes.
McSorely

Somers, NY

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Judge it!
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#4
Oct 16, 2008
 
Joe the Plumber doesn't have large stakes.
Louise

New York, NY

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#5
Oct 16, 2008
 
"When company executives sell off shares in an emergency bid to shore up cash, it can stir trepidation among shareholders and spark a dash to dump shares even further."
So does this mean everyone else is going to dump their shares..what do the pundits think?
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Daily Horoscope for December 28

Scorpio

The thought of the sales is almost too good to resist today, and you'll jump at the chance to see what's on offer. Even better if you can snap up some bargains at the same time. It's certainly a good day for investing your money carefully, but make sure you aren't more seduced by the reduction in the cost of something than in the item itself. Are you certain that you want to buy it?

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