3 ms·
And if they had maintained proper cash reserves instead of spending it on stock repurchases.
by oldgradstudent 7y ago
And if they had maintained proper cash reserves instead of spending it on stock repurchases.
- cjbenedikt 7y agoSpot on!
- pplante 7y agoBut then how else would those same executives be able to manipulate the share price so quickly? It isn't realistic to expect them to think long term when the system allows and incentivizes them to think short term.