| fazigadgie (Golden Rainbow) | Monday, July 13, 2009 - 09:50 pm 
I recently made an offer to buy shares in a company. They were basically worthless and I bid to buy 51% of the company. When I logged in next day, the trade had gone through but for some reason the shares had jumped hugely in price and the deal cost me billions. Next month, the shares plummeted back to being worthless. Have I done something wrong or have I been conned? |
| SECDEF Revival (Little Upsilon) | Wednesday, July 15, 2009 - 06:17 am
I think that you've bought only half of the shares and you only control that half.
I haven't bought shares before, but i guess that's the case. |
| fazigadgie (Golden Rainbow) | Wednesday, July 15, 2009 - 07:36 pm
Thanks for your reply. I knew I was bidding for half the shares. My query is that they huge hugely in price just before the deal went through and then slumped to being worthless immediately after. It just seems strange. |
| fazigadgie (Golden Rainbow) | Wednesday, July 15, 2009 - 09:16 pm
sorry, that was supposed to say rose hugely in price |
