Re:GameStop missed out on capitalizing on the Reddit rally
by mannykannot on Thursday February 11, 2021 @08:43AM
(#26101394)
> Buying back shares knowing they're massively overvalued would be destroying shareholder value.
That is an interesting way of putting it. Sam Palmisano took IBM on a massive buyback program a decade ago, and nothing about IBM since then has refuted your thesis!
That is an interesting way of putting it. Sam Palmisano took IBM on a massive buyback program a decade ago, and nothing about IBM since then has refuted your thesis!
https://mbiconcepts.com/do-stock-buybacks-work.html