cancel
Showing results for 
Search instead for 
Did you mean: 
hardnox
Advisor

so we're all stupid

 

Nah, you're stupid, and whatabout....

 

Sometimes you just set up something that somehow seems to make sense so everybody decides it must.

4 Replies
AllenJwi
Senior Contributor

Re: so we're all stupid

And just why is it bad to buy back stock and finance it?

hardnox
Advisor

Re: so we're all stupid

The process of the smart money unloading stocks to the dumb money is in process, may take a while.

 

There are some Trumpy retail investors in the dumb money but Corps are the bigger portion.

 

They're not actually dumb if you look at the incentives for boards and insiders. It just harms everybody else, and the country.

hardnox
Advisor

Re: so we're all stupid

Because you're cannibalizing your company so that insiders can cash in their (lightly taxed) incentives?

 

A higher stock price doesn't help a company unless they're going to turn around and re-issue more stock.

AllenJwi
Senior Contributor

Re: so we're all stupid

Your not much of a business man are you?