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At the $1T+ scale, their CFOs are constantly road-tripping to find new institutional buyers. It stands to reason they’d perhaps know which way the wind was blow
by junofan 4y ago
At the $1T+ scale, their CFOs are constantly road-tripping to find new institutional buyers. It stands to reason they’d perhaps know which way the wind was blowing based on those interactions.
- rbinv 4y agoHonest question: what does a public company have to gain by convincing institutional buyers to buy its stock? I can't imagine that to have any lasting effect on the stock price.
- buzzthro 4y agoWhy would they need to go woo institutional buyers? At 1T they're already probably part of S&P 500 and other standard investment indexes. All the mutual funds, ETFs, pension plans are bought into them.