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Originally Posted by slacker00
No it's not. Being a shareholder is nothing like being a customer.
What if I had an order for merchandise from Amazon.com or whatever and they suddenly close their doors for business, etc. Where's my money?
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I'm not sure you understood my point. I'm even unsurer whether you understand how a business works.
If you placed an order at Amazon and the company went bust after you paid and before the item was despatched then you're shit out of luck - your money is gone. Of course, you may have some credit card protection if it exists in the USA or some company may buy Amazon out and despatch the goods out of goodwill - but that's not guaranteed
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Originally Posted by slacker00
It better not be going to some shareholder. That's theft.
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The shareholders will likely end up being left with pretty much nothing after all the money has been syphoned off wherever it's going.
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Originally Posted by slacker00
At least the shareholder knows that the stock may go up or down. A customer has an understanding the money is in exchange for merchandise or service. A breach of that contract is greater than some expectation of profit by a shareholder.
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As a customer, you should also understand that placing $xK at the hands of an offshore bookmaker comes with a degree of risk. And sometimes your luck runs out.