Columbus Business Daily

CEO's and board of directors neglect shareholders best interests at times and why don't shareholders sue them?

Companies exist for years and it seems that only the management puts money into their pockets month after month year after year, while the investors sit and wait. I know many who purchase stocks and 5 years have gone by and the stock price is either the same or less at this current time. Many of these companies have no products or not significant ones that produce "earnings". Yet management continues to draw salaries, give themselves raises and new bonus stock options all the time. To pacify investors they release insignificant news items. With all the news services that are paid by companies to tout the specific companies only adds smoke & mirrors for the investors. There ought to be stricter regulations governing these shells of a company to protect the consumer/investor and they should be scrutinized and held responsible for false hope and impossible odds of getting certain drugs approved by the FDA. Lining their pockets, & getting away with an actual crime, with no one to answer to

Public Comments

1. Nobody is forcing you to hold your stocks. If your company does not produce any earnings in five years then sell your shares. If your company does not have any products or services then sell your shares. If you want stricter regulations then write to your Congressman.
2. In stocks, you buy the stock and not the company or its policies or its executives or their news departments. You just buy the stock. You do a lot better if you ignore the company beind the stock.