It is hard not to be aggravated with our markets and public companies, their leaders and boards. Today, I was noticing the three ‘G’s and their horrific stock performance.
I don’t see a light at the end of the downward spiral for the three ‘G’s’ $GOOG $GE and $GS
They are too confusing. They are all countries. They have tremendous cash flow, but who wants to own a country other than Warren Buffett who can cut his own cash flow deals off the top. They are all their own ETF’s.
Despite all the financial cocktails and shennanigans, shareholders are voting right now and they are pissed. These businesses have become too complicated. Nobody wants to own them.
Goldman did not need capital when they went public, just liquidity. They got it. Now it’s time to go private. The stock must go low enough that they decide to do so.
People will say it can’t happen…look at $YHOO.
Google did not need money to go public, and if they stay public, a brain drain will continue if the stock drifts lower so what’s the point. Take it private. Give all the goddman perks you need, buy the moon and turn it into cheese, just stop it with public shareholder money.
Nobody could describe the business of General Electric anymore so why anyone owns it is beyond me. Privatize it and spin off the growth parts.
We need to keep the pressure up on the big three ‘G’s’.
These companies act like they do not want to be public so they should not be public anymore. The press wastes so much time talking about them and the counter productivity has finally caught up.
It would be exciting right now if I could have faith in this ‘bear’ market. We need a good one. We need a clean one. I doubt we get any of them so we get a high $VIX and volatility up the yingyang.
I don’t need to #OccupyWallStreet …i just need to stop owning public company shares and the lazy ETF’s and mutual funds that closet index.
It’s fun watching the revoution taking place with young entrepreneurs. I get the calls post exit asking what to do with the cash. Not one wants to own stocks. They took the risk already by starting companies and would prefer reinvesting in other entrepreneurs. That’s risk they can quantify.
Big changes are at hand…