I think neither. They buy back when they have the cash to buy back with! That's smart because it increases the value of their stock, which leads to others also buying more of it. Since they are paid bonuses in stock, using company money to increase the value of what they are being paid is smart. Nefarious, but smart.
You are viewing a single comment's thread from:
not if there’s a crash around the corner!
LOL, you're thinking like an individual. You have to keep in mind that they're spending someone else's money. They basically socialize the risks but privatize the gains. They can't change the fact that a crash is coming anyway. They can just maximize how much they have (and personally sell) before it comes.
Glad I’m not “somebody else” lol ;-)