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Well, they returned cash to shareholders in good times. Guess it's time for them to sell new shares to get the cash to tide them over bad times. Buy high, sell
by OliverJones 7y ago
Well, they returned cash to shareholders in good times. Guess it's time for them to sell new shares to get the cash to tide them over bad times. Buy high, sell low? Oops. Stuff happens.
But the current capital markets will impose no such discipline, sad to say.