Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: rdl6989

So if you buy a stock today and the company legitimately files for bankruptcy tomorrow, do you think that you are entitled to a do over?


10 posted on 03/14/2022 3:52:57 PM PDT by thegagline (Sic semper tyrannis )
[ Post Reply | Private Reply | To 2 | View Replies ]


To: thegagline

If they put out a special stock offer the day before declaring bankruptcy, I’d say that would be fraud of some sort.


18 posted on 03/14/2022 4:11:51 PM PDT by DrGunsforHands
[ Post Reply | Private Reply | To 10 | View Replies ]

To: thegagline
So if you buy a stock today and the company legitimately files for bankruptcy tomorrow, do you think that you are entitled to a do over?

Depends how the ball was marketed in the auction. If it was marketed as the ball from the last touchdown in Brady's career the buyer has a legitimate case. If it was marketed as the ball from the last touchdown before Brady retired, it might be more questionable. As the article says, though, the reputation of the auctioneer is on the line. This is a high profile matter so it's going to want to keep the buyer happy.

19 posted on 03/14/2022 4:12:29 PM PDT by KevinB (''...and to the Banana Republic for which it stands ...")
[ Post Reply | Private Reply | To 10 | View Replies ]

To: thegagline

“So if you buy a stock today and the company legitimately files for bankruptcy tomorrow, do you think that you are entitled to a do over?”

I think the argument here would be he didn’t get what he paid for and on that basis is owed a refund. i.e. “not as advertised”.


26 posted on 03/14/2022 4:28:01 PM PDT by LouieFisk
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson