> Lean times are absolutely the worst time to issue new shares though. The downward trend could spiral out of control if that was put into practice. Yeah, but

> Lean times are absolutely the worst time to issue new shares though. The downward trend could spiral out of control if that was put into practice. Yeah, but that's kinda the point. If a company wants to buy high, sell low, that's their choice. But if they want to waste their cash buying high (and dodging taxes on dividends), they shouldn't expect to be able to successfully get easy money from the public when they need it.