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Re: DeerBalls post# 49311

Sunday, 03/11/2018 2:21:53 PM

Sunday, March 11, 2018 2:21:53 PM

Post# of 132185
DeerBalls, welcome to the world of smoke and mirrors. My antennas go up whenever a large company does a repeated buyback of their own shares. They will even borrow, taking out a interest loan to do this. Naturally, anytime a company buys back their own stock it makes the float smaller, thus raising the stock price. So executives have an incentive to get a bonus during that special time of year. GE supposedly did this for years while their R&D languished for lack of funds. The results is history.
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