res that may or may not even have anything to do with the company's stock of the stock I am buying? So that I am not buying preferred stock and may not even be buying stock from a company or of a company but rather stock from a dealer on the floor of the stock exchange, who can do whatever he dicides to do with that?
2007-02-20 10:13:21 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
The web site listed below shows how the NY stock market works.
2007-02-20 12:40:50 · answer #1 · answered by gosh137 6 · 0⤊ 0⤋
You are paying the person that sold you those shares. Each company has a limited amount of shares. The brokers get a fee from you for buying, selling and placing options on stocks. If a person poses as a broker decides to pocket the money and give you fake invoices, they are a thief and not a broker.
2007-02-20 11:21:02 · answer #2 · answered by gregory_dittman 7 · 0⤊ 0⤋
The most of people on the floor have been replaced with machines. preferred stock you have to buy from the company. you can buy common stock. and still have voting rights you have to read the SEC fillings to find out info on that.
2007-02-20 11:23:49 · answer #3 · answered by franksprung 3 · 0⤊ 0⤋