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by Z1nfandel
3217 days ago
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>I sorely hope the person you responded to manages not to feel too attacked and gives a frank and truthful answer on where their line is with respect to not wanting to profit off a corporate scandal. Nope, never felt attacked. Takes a lot to get me riled. I don't go seeking companies that break laws to enhance profits. However, I did notice a long time ago, that constant publicity will have an effect on stock price. This is fairly common knowledge. Bad publicity and "public outrage" will frequently result in lower stock prices. So I take a look at their underlying business, see if its sound, then make a bet (buy shares) that the public will move on shortly. Is that profiting on corporate scandal, or market (public sentiment) overreaction? Up to you to decide. |
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Who cares? What's wrong with profiting on evil.
Here's a crazy idea, how about worrying about not supporting and fighting evil rather than getting drawn it these philosophical debates.