7 ms·
He is playing a dangerous game of appearances with stock buybacks to fool investors, is all a show - the fundamentals did not change that much
by mgh2 4y ago
He is playing a dangerous game of appearances with stock buybacks to fool investors, is all a show - the fundamentals did not change that much
- mgh2 4y agoReference: https://www.cnbc.com/2023/02/01/facebook-parent-meta-announces-40-billion-stock-buyback.html https://www.cnbc.com/2023/02/01/facebook-parent-meta-announc...
- oluwie 4y agoYou obviously didn't read the article, did you?
- gnad_sucks 4y agoThis is a company that has consistently lied about everything it can. I'm thinking things like ads views, engagement etc. Basically things that no one outside the company can disprove. Now, the article says that the stock jumped on lower projected costs. Hmm I wonder if this company will lie about projected costs, which is something no one outside the company can disprove. So yeah, I did read the article, and I agree the fundamentals didn't change much.
- marcusverus 4y agoStock buybacks are about as tame as it gets. Where's the deception? Where's the danger?