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by trident1000
2075 days ago
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Sounds a little dramatic (especially since 50 million isnt moving the price single handedly). Also stock buybacks are essentially the same thing (if you were to call it a conflict of interest) and almost every company in existence does that. |
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Also yeah, stock buybacks were illegal up until 1982 and since there legalization we've seen large trades in companies from R&D spending towards buyback spending...