https://www.zerohedge.com/
The article covers the latest in the buy back binge, and shows how it is directly related to insider selling. It illustrates that corporate managers pump share prices with corporate cash used to buy back stocks, then they sell their own shares into the price rise. This article is literally light years beyond anything you will read in mainstream media.
After every crash we look back and decide that something was amiss. This practice will be "the big 'no no'" that we discover next time. Unlike with past bubbles, this time we will all have known this was happening well before the bubble bursts....there is no excuse for not stopping this now.
The practice should be illegal.
No comments:
Post a Comment