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Strategies & Market Trends : Tang's school of business management for serious investors

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From: Arthur Tang	10/18/2006 6:33:30 AM
	of 57

The first thing a new country does is printing money to pay for everything? Why should corporations be different? The first thing a new corporation does is to authorize the number of shares to be issued and sold to raise cash. To print stock certificates is printing money. Board of directors should do their duty to keep shares valuable and continue to print shares to supply to the market makers, if they have cash reserved to purchase stock to cover borrowed stocks sold. The lack of a market maker as a director nowadays in the boardroom shows the ignorance of share values. Directors are not hired for lack of interest to raise money(for only ethics without business experience?) for the corporation. This of course has to be planned, so that the stock has an objective to be worthy of a certain value when the corporation is properly run.

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