The Whine Flu

Brady Kelly

I did not.

Lost User · modified on Tuesday, April 28, 2009 11:19 AM

fat_boy wrote:

Mind you, its good for the GSK stock!

Just curious, but don't you feel a little bad (perhaps uneasy) profiteering from somebody else's misery? Edited on reflection

Last modified: 38mins after originally posted --

Chris Austin

Is it profiteering to see and use obvious trends? Do recommend halting trading any time there is news of any kind?

Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --Ralph Charell

kmg365

But doesn't his investment help us all since GSK will invest him money amongst other things drug and treatment research?

Lost User

Like I said, I was curious of Fat_Boy's reasoning and ethics, and ethics in general I suppose, in investing in Pharmaceuticals at such a time as now.

Chris Austin

kmg365 wrote:

But doesn't his investment help us all since GSK will invest him money amongst other things drug and treatment research?

That or someone will get paid a nice bonus :) Personally, I never own stocks but I'd look into going long via a call option.

Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --Ralph Charell

Chris Austin

Right and I asked you why you think it is profiteering when it is an obvious thing to do? If you find trading on news distasteful, what do recommend is done to prevent it? Should trading be halted on bad news only? How about good news?

Richard A. Abbott wrote:

in investing in Pharmaceuticals at such a time as now.

It's not investing unless you plan on staying in the position for a long time this simple trading.

Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --Ralph Charell

Lost User

Chris, I was curious of Fat_Boy's opinion, and nothing more. I do not have any agenda on this issue. At no time have I condemned investment and do not do so now. On reflection, forget I posed the question.

Chris Austin

Richard A. Abbott wrote:

On reflection, forget I posed the question.

No worries man, we are all friends here (mostly anyways). I may have just jumped the gun at the profiteering remark since I have been accused of doing just that by others when I have been open honest about shorting banks etc (when it was still allowed) and the automakers. Please excuse my enthusiasm.

Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long Avoid the crowd. Do your own thinking independently. Be the chess player, not the chess piece. --Ralph Charell

Ilion

'76 All Over Again?[^]

Oakman

You don't happen to have a "take" yourself, do you?

Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

Ilion

You're a "troll."

Oakman

I should have know better. Mea culpa, mea culpa, mea maxima culpa.

Jon Smith & Wesson: The original point and click interface Both democrats and republicans are playing for the same team and it's not us. - Chris Austin

Lost User

I meant 'great' as in 'big'. Yes, it was a nasty one, as you can attest. I always wondered whether theu could modify its geenes to give it a taste for fat rather than protein. Hey presto, instant slim world!

Morality is indistinguishable from social proscription

Lost User

And to confirm your edit, no, I dont since I am not benefiting form pain, but the relief of it. Not that I particularly care anyway, death is part of life, it cant be avoided any more than pain and pleasure. Life has no morality, so why should I? All that constitutes life, for its 'good' and 'bad' (to use a common mis-deffinition), is all just part of the smorgasbord of experience is it not?

Morality is indistinguishable from social proscription

Lost User

Chris Austin wrote:

Personally, I never own stocks

Why? They are safer than derivatives and do give good returns, particularly over the last half a year.

Morality is indistinguishable from social proscription

Lost User

Chris Austin wrote:

I may have just jumped the gun at the profiteering remark since I have been accused of doing just that by others when I have been open honest about shorting banks etc (when it was still allowed) and the automakers

Dont blame you. I wish to hell I had! Its a game, and we all play it. Us, the system, the corporates, and to pretend there is any morality involved is foolish. They will all fuck each other for the max given the chance. Sorry if I sould cynical but IMO thats the way the world is.

Morality is indistinguishable from social proscription