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The downside of that strategy, of course, is that if you incur losses after the buyback, those losses, on a per-share basis, are magnified to the same degree as
by erbo 11y ago
The downside of that strategy, of course, is that if you incur losses after the buyback, those losses, on a per-share basis, are magnified to the same degree as your earnings were. The sword cuts both ways.
- mattzito 11y agoYes, but since you are the insiders and have a long-term vision of subsequent quarters, you often know (or suspect) what will happen and adjust accordingly.