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Not necessarily - it assumes they're more interested in short term profits than long term growth.
by bwanab 12y ago
Not necessarily - it assumes they're more interested in short term profits than long term growth.
- twoodfin 12y agoHow is growth like that over 9 years "short term"?
- ams6110 12y agoWhen it's followed by a decade of decline?
- WalterBright 12y agoInvestors don't bid up a stock for short term profits. It doesn't make any fiscal sense to. When investors find out a company is sacrificing the long term, they dump the stock. The P/E pretty much says it all.