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Funny money | 871 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Funny money
Authored by: stegu on Monday, August 27 2012 @ 10:59 AM EDT
Well *someone* lost money (and I use the term
"money" in a very loose sense, including what
I would really consider make-believe money),
but it wasn't Samsung, it was their stock
holders. Not the same thing. Damages, however,
need to come out of Samsungs real assets.

Stock analysts (and again, I use a term very
loosely and call a lot of people "analysts" even
though many are are no better than astrologers
or numerologists) temporarily lost some faith in
Samsung, and their stock price took a dive. This
is, sadly, the normal expected behavior of the
stock market of today: extreme reactions to small
setbacks, because only spectacular success counts
for anything at all.

[ Reply to This | Parent | # ]

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