- Mar 13, 2004
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I would love it if more companies did look after their business instead of what the stock is worth. I have known companies that took the long view, ignored the stock price and came out ahead. I have also seen companies panic about their stock price, slash their company into the bone to make it look like they had higher profits, and then tank as they couldn't keep the profits up with more cuts.
This rule change isn't going to hurt the economy at all. It will change behavior, but not as damaging as the OP thinks it will be.
again this does not have anything to do with capital gains.
capital gains tax hurt business and individual alike.
hillary's capital gains plans for example will hurt many investment managers of small firms, and also individuals who may have their brokers license through the SEC, for small funds accounts, for example managing their families retirement accounts.
anyway, I started a stock thread to talk more specifically about stock investment ideas here:
http://www.christianforums.com/threads/how-to-make-6-000-000-in-10-5-years-enough-to-retire.7939802/
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