Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: C19fan

Buying a security is like betting in a casino. The house has the odds, but they occasionally allow someone to win in order to keep the suckers at the tables.


34 posted on 03/31/2014 1:32:12 PM PDT by Dr. Thorne ("How long, O Lord, holy and true?" - Rev. 6:10)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Dr. Thorne
In the case of the stock market, who exactly is "the house"?

It's not your brokerage firm, because they don't control stock prices. It's certainly not the companies who issue the stock, because their senior officers cash in their options when their stock performs well. It's not the institutional trading desks, because they are competing with each other to make a profit.

It must be the proverbial "they" or "them" that no one seems to know.

36 posted on 03/31/2014 1:40:21 PM PDT by RoosterRedux (Obama LImbo: " How low-down can you go?")
[ Post Reply | Private Reply | To 34 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson