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Posted By: dstudeba

I called the opinion ignorant because a stock has more than a paper value. It is backed by the assets of the company. If you liquidated the company whatever you are left with would be divided up amoung the shareholders. Therefore in most cases as a shareholder even if no one was willing to buy your shares, it would still have a value. Also if the stock was not liquid the shareholders would most likely force the company to pay a dividend creating a cash stream of "more" tangible value.