VisualMod t1_ja5r8ir wrote
| User Report | |||
|---|---|---|---|
| Total Submissions | 1 | First Seen In WSB | 2 years ago |
| Total Comments | 5 | Previous Best DD | |
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| >TL;DR: Why are companies still buying back stock with so much seemingly at stake? |
s1n0d3utscht3k t1_ja5vl84 wrote
cuz the c-suite and board only gives a shit about their compensation
buybacks = short term stock boost
when shit gets bad they’ll be the first to sell
always watch insider sales of high buyback firms
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