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<p>[QUOTE="medoraman, post: 1339529, member: 26302"]So if you personally own Inflexion Mining, and it had $30 million in hard assets, you are saying Inflexion mining does not have any intrinsic value? If that is the case, like I said, we are disagreeing on a word. Fair enough. If, however, you believed that Inflexion Mining HAD intrinsic worth, then you being instead owner of 100% of the stock instead is identical. You giving half to your mother, (you are such a good son), would mean you still owned $15 million in hard assets. If you sold all but one share would still mean you owned $30 in hard assets.</p><p><br /></p><p>Btw, never get hung up on stock "being a piece of paper". Its not, its a legal percentage of the firm, the piece of paper, (and there really isn't any anymore), was just a notation device of such ownership. Again, this is different than a bond, in which the piece of paper WAS the financial instrument and had to be presented to be collected upon in years past. Today they also electronically do this, but the nature of the two things are completely different.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1339529, member: 26302"]So if you personally own Inflexion Mining, and it had $30 million in hard assets, you are saying Inflexion mining does not have any intrinsic value? If that is the case, like I said, we are disagreeing on a word. Fair enough. If, however, you believed that Inflexion Mining HAD intrinsic worth, then you being instead owner of 100% of the stock instead is identical. You giving half to your mother, (you are such a good son), would mean you still owned $15 million in hard assets. If you sold all but one share would still mean you owned $30 in hard assets. Btw, never get hung up on stock "being a piece of paper". Its not, its a legal percentage of the firm, the piece of paper, (and there really isn't any anymore), was just a notation device of such ownership. Again, this is different than a bond, in which the piece of paper WAS the financial instrument and had to be presented to be collected upon in years past. Today they also electronically do this, but the nature of the two things are completely different.[/QUOTE]
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