Your math logic is faulty. If I sell a stock to you for $100 I first have the $100. If I buy it back for $30, which is probably its true value now, I have a $30 stock plus $70 of your money. Not too bad.
Your math logic is faulty. If I sell a stock to you for $100 I first have the $100. If I buy it back for $30, which is probably its true value now, I have a $30 stock plus $70 of your money. Not too bad.
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WOW!! You are way off base. The investor paid out $100 cash for the security. It is now worth $30. If they sell it to the Feds they will only get $30 - a $70 loss!! Did you ever take an accounting course!!
I disagree.
If my neighbor bought that $100 stock and sold it to another neighbor for $30, and then held me responsible for that $30 with the promise of future return - I’m still out $30 buck.
Never mind that the neighbor that borrowed the $30 has a poor history of making profit or paying his debts.