SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 230.92+3.1%Nov 24 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Lee who wrote (1983)8/1/2002 12:01:01 PM
From: Proud_Infidel  Read Replies (3) of 25522
 
Only a very few people can buy luxury yachts, do you want legislation against that too?

That's a specious comparison.

It's the lockout I have a problem with. A $1M or $5M limit? Why so high? No reason in the world they could not make money off of 100K or 50K accounts. I believe too many people jumping in the pool would render them unable to create volatility, which they use to their advantage and they know this. I also believe this is fundamentally wrong.

In determining negligence, the courts have used a "reasonable man" standard. What would a reasonable man do in a given set of circumstances? Why not have something similar here? A "reasonable investor" standard, whereby you cannot create arbitrarily high minimums thereby locking people out?

Brian
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext