What will happen to the stock after the artificial buy back bump finally wears off
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I put all my 401k money on 🎃 pumpkins. I’m holding until they peak some time around January. Took all my money out of BKR.
Yes the company will continue to cannibalise itself to fund further share buybacks to reduce the number of shares in circulation, thereby inflating earnings per share ratio to fatten the LT bonus scheme. Nobody left in the company would dare to point this out at townhall meetings, the culture of the company will no longer tolerate internal dissent or discussion. The nauseating, sycophantic tributes being posted to line managers from direct reports on LinkedIn is testament to this, it’s something that would make Joseph Stalin blush if social media had existed in the first half of the 20th century. Bon appetit!
Interesting 🧐, will there be more closures to fund this buy back,