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Old 07-26-2012, 03:36 PM  
lazycash
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Join Date: Aug 2002
Location: Local Socal
Posts: 15,214
Quote:
Originally Posted by Robbie View Post
I guess you could say on paper he lost part of his estimated worth. But in reality, nothing changed for him in his bank account.
He already owned the company. He didn't actually buy any of those shares to begin with. He just kept them for himself.

The only people actually losing REAL money are people who paid out money to buy shares and now are actually losing money.
He doesn't own the company any longer, shareholders do.
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