MauDib

Is the Market Going Lower? Silly Question!

Good comment - the market predicts the cash will go to the other interest -holders in the company, probably the execs, maybe the govt - but not the investors. This is why it is discounted to zero - the investors abdicated their power in the long bull market. So, the cash will be wasted - sort of like AIG.


On Mar 03 10:47 PM Deepv wrote:

> Also, are the retained earnings accumulated from 1997 to today worth
> nothing? S&P has $300/share net cash and interest rates are near
> zero. Seems overdone unless we are in a genuine depression.