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What's the point of stabilizing stock, price, when instead you can just have cash in bank plus an unstable lowe price stock?
by tamana 11y ago
What's the point of stabilizing stock, price, when instead you can just have cash in bank plus an unstable lowe price stock?
- joezydeco 11y agoKeeping the stock price high fends off hostile takeovers and negative feedback loops from nervous sellers. This is my main theory about why companies are hoarding cash. They're tired of being at the mercy of the traders.