Point 3) is that it is nice to keep the stock price high if you need to do an additional offering down the road. This is probably the only real reason why a co

Point 3) is that it is nice to keep the stock price high if you need to do an additional offering down the road. This is probably the only real reason why a company should care about its stock price. Tying executive compensation to the stock price encourages the company to think on a quarterly basis. I don't think this is good in the long term.