28th February 2008, 4:05 PM
Gambling involves a game of chance. The stock involves actual ownership of a corporation. The act of buying a share of stock means that you now own a small piece of that company. From then on, the company is using your money to finance its operations.
There's no law that says a company has to turn a profit, but companies also can't just throw money around without regard for how that money is going to help them turn a profit. Shareholders have a right to be upset that the company that they own some peice of got them a raw deal and caused them to have significantly less influence than they previously had.
Consumers don't factor into this at all. It's purely a matter of shareholders not being happy that their company made a bad deal with another company that caused them to be marginalized.
Even small shareholders are owners too, they have a right not to be trampled on by the company's directors.
There's no law that says a company has to turn a profit, but companies also can't just throw money around without regard for how that money is going to help them turn a profit. Shareholders have a right to be upset that the company that they own some peice of got them a raw deal and caused them to have significantly less influence than they previously had.
Consumers don't factor into this at all. It's purely a matter of shareholders not being happy that their company made a bad deal with another company that caused them to be marginalized.
Even small shareholders are owners too, they have a right not to be trampled on by the company's directors.
Sometimes you get the scorpion.