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If that were the case, why wouldn't the companies just hold onto the cash, wait for the recession, then use the cash reserves to buy back their stock on the che
by TAForObvReasons 7y ago
If that were the case, why wouldn't the companies just hold onto the cash, wait for the recession, then use the cash reserves to buy back their stock on the cheap?
- nemonemo 7y agoI was answering to the comment (paywalled by the article), and I believe a few companies do hold onto the cash when they see the opportunity, but probably not many would have the gut or the data.