@andreas@neckbeard.xyz
It also means that stock market does not really generate ANY value.
What they do is collect money from inexperienced investors who see graph going up, imagine it will go up further and buy. Then when the graph falls, these same inexperienced investors sell immediately, making the transfer complete.
@EMPEROR @andreas@neckbeard.xyz
Ok, i got that word wrong... You obviously do know more about it then I do.
So please, do trust me that I am interested in your educated opinion.
Selling company stock is just another way of getting money to support it's growth. One, that could be easilly done by loans with much lesser long term risk and while keeping the ownership.
Is there anything important about the value of the shares themselves for the company as a system generating profit, or is it just completelly separated system of company "trading cards"?
not sure what you mean by secondary stock market,
a secondary offering is a second issuance of stock, after the initial ipo, to acquire more capital,
which can be used for the same purposes, wisely or not, as the first offering.