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Listed on the NASDAQ is not listed, per the FRB or the SEC. The NASDAQ is not a nationally recognized exchange It is not even an exchange These definitions matter when you trade on margin, which I am assuming we all do
No No No No No you are completely and most ignorantly wrong. BOOM Retard, the legal definition of a public company is one with more than 500 shareholders. BOOM You are retarded BOOM you fucktard
are you trying to claim that between internal employees who were granted stock options and external investors on the day of Apple's ipo were less than 500 total?
do you really want to claim that?
by the end of the first day of apple's ipo Steve Jobs alone was "instantly" worth 217 million dollars.
December 12, 1980: Apple goes public, floating 4.6 million shares on the stock market at $22 per share.In the biggest tech IPO of its day, more than 40 out of 1,000 Apple employees become instant millionaires. As Apple’s biggest shareholder, 25-year-old Steve Jobs ends the day with a net worth of $217 million.
Unlike some other tech companies that went public but disappointed, the Apple IPO proved a smash hit. It became the biggest IPO since the Ford Motor Company’s public offering in 1956, a year after Jobs’ birth.
Underwritten by Morgan Stanley and the firm Hambrecht & Quist, Apple stock was filed to sell at $14 per share. However, it opened at $22 — and sold out within minutes. That day alone, AAPL rose 32%, with a closing value of $29 and a total valuation of $1.778 billion.
Plenty of other people aside from Jobs got rich off the Apple IPO. Scott made $95.5 million. Mike Markkula, the venture capitalist who helped turn Apple into a “real” company, received a return on his investment to the tune of $203 million. So did fellow VC Arthur Rock, whose $57,600 gamble netted him $21.8 million.
Apple co-founder Steve Wozniak took home $116 million after giving a percentage of his stock options to Apple employees who otherwise would not have qualified for them.
Rod Holt, the chain-smoking Marxist engineer who built the Apple II power supply, found himself sitting on a socialism-challenging personal fortune of $67 million. And so on.
Quote:
Originally Posted by tobias1988
Apple for decades was not listed on the NYSE or the Amex,, even though is was part of the DJIA, How retarded are you?
once again you try to differentiate between various exchanges to contend apple was not a listed stock at the time of their ipo. that is a choice any company can make. to be a public company you must list on at least one exchange. there is no rule you must list on all exchanges
your argument that apple was not a listed public company at their ipo by virtue of which exchanges they voluntarily chose not to list in is false. and stupid.
Listed on the NASDAQ is not listed, per the FRB or the SEC. The NASDAQ is not a nationally recognized exchange It is not even an exchange These definitions matter when you trade on margin, which I am assuming we all do
just stop. you are just digging your rabbit hole even deeper
December 12, 1980: Underwritten by Morgan Stanley and the firm Hambrecht & Quist, Apple stock was filed to sell at $14 per share. However, it opened at $22 — and sold out within minutes. That day alone, AAPL rose 32%, with a closing value of $29 and a total valuation of $1.778 billion.
So Apple had a market cap of less than $2 billion when it launched its IPO back in Dec. 1980.
Today it has the highest valuation of any public company - $2.867 trillion.
That's over 1,600 times its initial worth.
If you had invested $1,000 in APPL on the day it went public 41 years ago, your investment would be worth over $1.6 million today.
Listed on the NASDAQ is not listed, per the FRB or the SEC. The NASDAQ is not a nationally recognized exchange It is not even an exchange These definitions matter when you trade on margin, which I am assuming we all do
No No No No No you are completely and most ignorantly wrong. BOOM Retard, the legal definition of a public company is one with more than 500 shareholders. BOOM You are retarded BOOM you fucktard
Like I've said before, many of these people don't even know how the stock market works. It's comical to me to argue about what you know nothing about.
I'm hardly mechanical, so it's as dumb as me arguing with a mechanic about a problem with one of my vehicles. I don't even know what the fuck I'm talking about, but they do but I'm arguing with them about something I know little to nothing about and they would just laugh at my ignorance.
I know how to change a tire and that's it. I don't say jack shit and argue with them when they tell me when I don't know something. I just STFU and listen and try to learn what I don't know.
You don't get that in this forum with all of these old simpletons. They'll stick to their narrative regardless of how ridiculous it is just to save face. That's why this forum is funny to me.
I'm hardly mechanical, so it's as dumb as me arguing with a mechanic about a problem with one of my vehicles.
.....
You don't get that in this forum with all of these old simpletons. They'll stick to their narrative regardless of how ridiculous it is just to save face. That's why this forum is funny to me.
You voted for Bitten/Kumola didn't you? It's ok, if you did.
You can claim he was in the basement, so you weren't aware of his dementia.
Like I've said before, many of these people don't even know how the stock market works. It's comical to me to argue about what you know nothing about.
What's truly comical is listening to you and tobias pretend you know how the stock market works. Maybe you two financial wizards should launch a hedge fund together?
Does anyone remember how Luke said he could've made a fortune "shorting the market" in early 2020 - but he refrained out of fear of being caught engaging in "insider trading"?
