Facebook Stocks Shame on you!

18 05 2012

FB-Facebook Inc (NASDAQ)

Open: 42:05 High: 45:00  Low: 38.00

Is it just me or are there others out there who can’t make money no matter what they do. I got a tip to buy Facebook stocks. Facebook stocks being the big money-maker (makes me wonder who made the money.) It sure wasn’t me! I tried a hand at stocks, I was brave enough to dish out my life saving of $400, I begged, borrowed, and went under cover as a squeegee mom to save this amount. Then I bought Facebook stocks. My very first at buying anything unusual, except for a pack of gingerbread zombie cookies. Then I watched the computer screen, my stomach in knots, hardly awake enough for such an ordeal. And there it was in black and white, I lost money the first 2 hours. The investment increased, yet I lost???? How is that?

Here’s the breakdown: I made a hefty payment of $29 to the brokerage, which got subtracted from my $400 and left me with $371 (a loss of $29). Since the stock got purchased at $40 a share, even though it climbed higher than $40, I still couldn’t recover enough to reach the initial $400 I invested. Then the prices dropped to $38 a share, same amount the IPO people paid. This made me think, how did they make money? Seems complicated. Did they somehow make the money when it reached $45, and sell to shmucks like me? Or did they make their money prior to that and pay less than $38? Or maybe they were as duped as me. I highly doubt it. The wealthy have tons of tricks, I wish I knew them. Bono, call me! Well, this is only day 1 and things may change, if not, I’m going back to being an undercover squeegee mom.

In seriousness, Facebook you have sent a terrible message! You sold a site that average people post and share their lives, to the rich, so the rich can get richer. The rich getting richer at the hand of the poor. Shame on you! There’s something gut wrenchingly corrupt with doing something as low as that. I’m glad I”m not the person who sold Facebook out in this manner, nor the person who made millions at the mercy of ordinary people.


Claim Your Prize

11 05 2012

I received a message on my cell saying: Congratulations, you are the winner of the day, go to (such and such website) to claim your prize. Whenever you see a message resembling this type of offer, the first thing you do is FLEE. Don’t even ask them how they got your contact information. That’s right, get out of there as fast as you can. It’s unfortunate the way business dealings are deceptive with outright lies, half-truths, and the evil of omission. Even worse, we turn a blind eye to this sort of dealing, we begin with, “What! You said it was a prize! Seems odd to pay for a prize.” to “Oh, so this is the meaning of win,” and readily accept this half-baked offer as something normal; and it shouldn’t be this way! We need to challenge companies on these sort of claims, COMPLAIN, demand the product for free, let them know they said, “win.” To win means you acquire something, not pay for it. Imagine the Olympic medal winners being told, “We know you’re the winner, but we can only give you the medal if you pay for it.” How strange is that! When you win something it is given for free and free requires  no cost. The Merriam Webster defines free as: not costing anything. Therefore, something that doesn’t cost anything doesn’t equal to something with a fee, even the slightest fee. Free is zero cost, zero = 0, incase someone missed math class. So the next time you have a company tell you won a prize, call them on it. Winning means free, and free means no cost. If there’s a number attached more than the digit zero, show your displeasure to this sort of advertising. Boycott the product. Then flee to the mountains because that is the closest you are going to winning a prize.

Corporate Arrogance

3 05 2012

She introduced herself as Ms. so and so. At the end of each word was a drop in tone as if fear gripped her and wanted me to come to her level. My tone remained even. Word after word she whined a soliloquy for me to beg her for mercy. I did not. Instead, I let her know my plans if this went further. Their threat was not a threat, I was fine, perhaps time to move on (not what they expected to hear from me). A blessing in disguise, this posed as an opportunity to look into other options.

“Oh what would you do without us?” she whined.  In other words, we are a corporate giant and you need us. There is no other company that can service you. Ah, but there is, I thought.

“Simple. I’d change to another company,” I responded. They weren’t the only kid on the block, though they tried to make me believe they were. They were right to think there weren’t too many options, but still, there were options. It takes 1 person to let them know customers won’t dance to the beat of their drum. Their power doesn’t give them the right to abuse the powerless.

That is the problem with monopolies. They bully customers because they know they can. Whether in a whiny tone to break you down, or with aggressive threats; monopolies take advantage of customers. They are arrogant because they know you cannot go anywhere else. But I’m here to say, you can! There are options. It’s a hassle sometimes to make changes, but let it be known to corporations: the consumer has options. In the end, corporate arrogance gives customers an opportunity to walk away. Corporate arrogance is a company killer.

Ice Cream and Pickles

12 04 2012

I received a telephone call from Bell Canada, the caller introduced himself as Richard Williams, with an unmistakable accent from India. So I asked him, “Are you sure you are Richard Williams?” In case I heard wrong. “Oh yes,” came the reply; as if he was surer than the Maharajah. Then when he started talking about making a deal, I had to laugh. This guy was trying, very unsuccessfully, to fool me, or he believed his own lie. Either case, it was as weird as ice-cream and pickles. So I ask the ethical question: Bell Canada, why do your employees lie to us? And a question to the public, why do we let these big corporations get away with unethical business dealings?

Ethics in Business

4 04 2012

Ethics in business have changed over the years. Gone are the days when a handshake would seal the deal. Today, even paperwork is unable to implement ethical boundaries. Truth in business has evaporated. The fine print dilutes truth with the use of ambiguous befuddled language. Purchases online have strings attached where the customer is automatically signed up for other products all because they put a check mark in a box unaware of its ramifications, again due to mumbo jumbo wording. Then unknown charges appear on the credit card, usually under a different name to add more confusion. Also, beware of anything offered for free, this is usually a ploy to get consumers to spend money on a product they won’t normally purchase. The word free means just that, “free.”

Shady business dealings are prevalent among telecommunication companies, gym memberships, travel agencies, products online, free offers…just to name a few. Deceptive  activity must become illegal and enforced as such. The government must set fines to companies that don’t provide full disclosure of product information to consumers. Here are some of the deceptive practises:

  • Ambiguous mumbo jumbo language
  • Undefined terms
  • Misleading promises
  • Misuse of the word “free”

Further, companies need to return hard-earned money they stole from people, yes stole, by their surreptitious dealings. The consumer has power to speak up and demand truth from companies. Unethical business dealings are like a disease to society’s moral fabric. Trust is broken, our standards lowered, lies  become acceptable, and truth gets compromised. Government must declare shady business practises illegal and as such, eliminate them.