meanwhile Nvidia is buying back stock @ 25x REVENUE while the CEO dumps almost $20M worth almost every DAY is priceless… Not to mention the fact that it's a $50 billion buyback and the company's total cash balance is $35 billion…
5 replies (most recent on top)
Their interviews have gotten horrible
SEC should look into this manipulation.
A scam… just like all other cos
It’s kinda genius indeed. He sells shares. The buybacks pump the stock for him and then the remaining shares he has grow to the value he used to have in more shares. He’ll have less shares but they increase a lot
And just so they can hide that margins are coming down. Same manipulation they got caught doing once before