ogletree - 11:29 pm on Jul 27, 2004 (gmt 0)
That may be true but I think G is betting that a bunch of people who don't normaly buy a lot of stock will sink money into it. If people buy a lot of stock that is the best way to do it. It's like a concert selling tickets that will imediatly be turned around and resold for a lot of money. They want the money. What would happen if it opened at $30 it would then go up to over $100 and a lot of people that got in early would sell it and get rich. This way they get that mnney. They may be saying that the stock market sucks the way it is. I think it does personaly. It should not be a get rich scheme. It should be a place where people invest in companies in hopes that the capital will help that company make more money and then the investor gets rewards from that. The stock market has become a big casino.