[RhodesianHunter]

In the case of all of the companies in question here, yes you are wrong. They have significant amounts of free cash flow and cash on hand.

[lumost]

However the also use that equity as compensation. Google without RSUs would not pay much better then any other large company.

[RhodesianHunter]

The equity used as compensation is purchased during stock buybacks and is wholly divorced from investors buying and selling stocks.

[Yoric]

My bad. Thanks for correcting me.

It looks like I cannot delete or amend my post, which is a shame.