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Thread: Price drops

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  1. #11
    Registered User Jared's Avatar
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    Re: Price drops

    lol.. Your lack of business and economic knowledge is beyond obvious. Your "points" regarding the housing market and Wall Street actually make what my point would be. The market will dictate the price. If you think a snake, or stock, or home is priced well below what the price "should be", then fork up the cash and buy it.

    If I own shares of Sprint, and the share price drops to half of what I paid for it.. what do I do??? Not what you would do, that's for sure.. I BUY MORE. The term is cost averaging, if you are going to "play" in the stock market, or any other market for that matter, I suggest you do a little research first, and have a strategy.

    Seems like I must have touched on a sensitive point for you. Remember though, we are all entitled to our own opinions. You certainly don't have to agree with me, and spouting off over the internet with such non-sensical phrases as
    Quote Originally Posted by pavlovk1025 View Post
    "Do you come out your face without knowledge"
    do not prove your point, let alone make any sense whatsoever.

    PS. People that make the type of grammatical mistakes that you made above should never point out simple typing errors like reversing the ei in their. lol

    Quote Originally Posted by pavlovk1025 View Post
    Did I comment on his prices specifically or people that lower prices in general? Do you come out your face without knowledge of anything all the time or is this a special occasion we are witnessing?

    We dont dictate anything. He can sell at what he wants. Market crashing is the end result.

    You buy your dream house at $225,000 3 years ago. Everyone in your neighborhood starts foreclosing....tons of homes on the market for cheap. Guess what just happened to your dream house's value.

    You own stock in Sprint. It's valued at $4 a share. Everyone decides Sprint sucks and starts dumping their shares. Your stock is now worthless.

    Welcome to America.

    P.S.
    If you can't put 2+2 together, people dropping prices on *their(not thier btw)* BPs make your BPs' values drop. Doesnt matter to you if theyre just pets, but those with money invested in their businesses don't like to watch their product depreciate because someone can't afford to house what they knowingly produced and crash the market. Greed has nothing to do with it.
    Last edited by Jared; 09-08-2009 at 09:08 AM.

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