Software Inc.

Software Inc.

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sauronis Apr 24, 2019 @ 7:43pm
Selling Stock Question
I have 3/4 of my company's worth wrapped up in stock with 1 company. It's earning, thankfully, but when I try to sell I keep getting an offer from another company to buy it for a much lower price. That seems to be the only option. Anyone else run into this? No mods.
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Showing 1-4 of 4 comments
Phiber Optik Apr 25, 2019 @ 1:16am 
Yes, I'm guessing that the companies stock you bought are really high value?
If for example they are worth 100 mil each, and the biggest other company around has like 300 mil on the bank (look at all companies screen) they won't buy it for that amount.
No one will, the price is too steep. No company will buy stocks from you if they need to pay close to half of their bank... seems realistic enough.
marcqqq Apr 27, 2019 @ 4:17pm 
but you should be able to sell to more than just other companies
Phiber Optik Apr 27, 2019 @ 11:48pm 
@marcqq No no he means he bought 3/4 of another company.
That other company's value has become so high, that when he tries to sell it, not a single 3rd party wants to offer the worth of the shares because it has just become too high for the rest to buy.

That is unfortunately the problem with having to buy/sell fixed quarters of the entire company instead of single shares.
sauronis Apr 29, 2019 @ 2:08pm 
That's probably the situation. The other company's value was roughly 400M. The stock I owned was at 85M. And when I tried to sell it, another company would offer 60-65M. I eventually took the loss, re-invested in other companies and made my losses plus a good deal more. So it all worked out.

Thanks for your input.
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Showing 1-4 of 4 comments
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Date Posted: Apr 24, 2019 @ 7:43pm
Posts: 4