• ChonkyOwlbear@lemmy.world
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    3 months ago

    Stock trading.

    I am fine with companies issuing stock and with people selling that stock back to the company. Everything else should be illegal.

    • theksepyro@lemmy.ml
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      3 months ago

      Why wouldn’t companies just set themselves up as the exchanges in that scenario?

      I don’t think it would functionally change anything

      • ChonkyOwlbear@lemmy.world
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        3 months ago

        I’m envisioning stock as a sort of non-transferable contract between you and a company. There would be no way to pass the stock to a third party.

    • MrAlternateTape@lemm.ee
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      3 months ago

      What is the point if you cannot trade it to other people? How are you supposed to make money by trading then?

      • ChonkyOwlbear@lemmy.world
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        3 months ago

        The company pays dividends. You make money if the company succeeds, which is why stock was created in the first place.