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Due Diligence Information Resources for researching stocks, T/A Sources, Sec Forms, Brokers, Account Types, Market Makers, etc.

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  #1  
Old 03-25-2008, 04:54 PM
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Tau44 Tau44 is offline
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Default Cans and Cant's

I know they probably don't have to answer the questions you ask but do you have a legal right to ask or can you get in trouble?

Public company and you own shares in it.

Can you ask them what they are doing to fix a certain problem? Questions like that? Why they are doing something a certain way and etc?

What kind of questions can you ask and what kind of questions can't you ask that might be a legal problem for you.

Also, how do you get somethign on a proxy for a vote by shareholders.

Tau
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  #2  
Old 03-25-2008, 11:09 PM
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Aufan 1983 Aufan 1983 is offline
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Default Re: Cans and Cant's

Quote:
Originally Posted by Tau44 View Post
I know they probably don't have to answer the questions you ask but do you have a legal right to ask or can you get in trouble?

Public company and you own shares in it.

Can you ask them what they are doing to fix a certain problem? Questions like that? Why they are doing something a certain way and etc?

What kind of questions can you ask and what kind of questions can't you ask that might be a legal problem for you.

Also, how do you get somethign on a proxy for a vote by shareholders.

Tau
You can ask anything you want to ask without any problem but as you noted you may not get an answer. There is no law to my knowledge that forbids asking.

From what I have read and heard it can get very hairy on what answers can be given but for a short answer the company can't reveal anything to you that is not public knowledge that could impact the pps in a positive or negative way.

I'm not sure about the Proxy but I would think it would have to be voted on by the board of directors and then brought before the shareholders.
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  #3  
Old 03-27-2008, 02:15 PM
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BadThad BadThad is offline
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Default Re: Cans and Cant's

Yes, you can ask all the questions you want. On the legal side, it's the companies responsibility if they provide info they shouldn't have. No worries, ask away!
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Old 03-27-2008, 03:56 PM
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Default Re: Cans and Cant's

Quote:
Originally Posted by Tau44 View Post
I know they probably don't have to answer the questions you ask but do you have a legal right to ask or can you get in trouble?

Public company and you own shares in it.

Can you ask them what they are doing to fix a certain problem? Questions like that? Why they are doing something a certain way and etc?

What kind of questions can you ask and what kind of questions can't you ask that might be a legal problem for you.

Also, how do you get somethign on a proxy for a vote by shareholders.
Tau
Tau44
As a share holder you can ask any questions (within the limit of the company) but they are not obliged to give you the proper answer….. otherwise known as inside trading….
At the share holders’ meeting they have to answers all the questions….. but let face it they tell you what they like….

I don't fully understand this; ""how do you get somethign on a proxy for a vote by shareholders.""
if that mean if someone can vote for you.... yes if he/she is a share holder and you delegate it (proxy?)

watch out
the above answers are the Italian policy..... maybe in USA could change it......
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  #5  
Old 08-02-2011, 04:35 PM
RogerLoomis RogerLoomis is offline
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Default Re: Cans and Cant's

The more interesting question seems to be what are companies required to tell their stockholders. What are they required to tell stockholders who can, theoretically, ask anything? A variation on this question is what information are they required to make available to stockholders without any special request.
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