Ethics Blog: Stocks

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Who doesn’t enjoy earning money quickly and from the comfort of their own home? We have all heard about the crashing of the stock market back in 2008, but at this moment, the stock market is in a completely different shape. Stocks can be easily bought online and is a rapidly recovering industry as more people are finding jobs. However, how ethical are stocks? With Alibaba soon having their IPO, how many people are looking at this as an opportunity to make short term gains versus how many people are looking at this as a long term investment? All these strategies to make money (selling short, pump and dump) are great ways to make money, but how ethical are they really? How is it right that money can be made by putting money down on a table and say that a company’s capital will drop? How ethical is it to put out all this press on a penny stock only to earn money and leave it while it crashes down? With Alibaba finally coming out we need to consider the different options for companies (inside and outside of the country) to build capital in a more mannered and ethical way.

Source: http://www.theglobeandmail.com/report-on-business/international-business/asian-pacific-business/alibaba-seeks-21-billion-in-record-breaking-ipo/article20373488/