Conversation
Notices
-
Embed this notice
I don't know how an action directly taken by a company to directly impact stock price *isn't* manipulation. If you think it's undervalued and you do a buyback to increase the value, that is by definition manipulation
-
Embed this notice
Investors also don't only look at the face value of a stock when determining what to buy. If you do the buyback just to increase face value and/or eps but it's still low volatility you're only going to attract investors who are looking to offset a large, or even appropriately-sized risk appetite
-
Embed this notice
It may suggest that the corporation is committing insider trading though. If they're buying stock for more than what an efficient market trades it, they're likely in possession of non-disclosed information regarding value.
-
Embed this notice
@doctorsex @transgrammaractivist @udongle @JuicyGothMommyFeet issuing stock can also be seen as a manipulation in the same way