I don't understand why Cisco stocks are skyrocketing. Are we the new Google?
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Want to see real growth? Look at sherwin williams stock
Correction : @Vhv1dPD-3uj After Trump's new rule, Cisco has decided $225 billion worth of share buy back. Enjoy the party my fellow Directors. Stock will touch $80 in few months.
https://money.cnn.com/2018/03/21/investing/stock-buyback-ban-baldwin/index.html
After Trump's new rule, Cisco has decided $225 billion worth of disinvestment. Enjoy the party my fellow Directors.
Stock buy backs were illegal. They should still be illegal. They are fraud.
That’s what happens when you spend $31B over 2018-19 buying your own stock back (it should be illegal).
Two words for you: money laundering
Cisco is an excellent company to work for. You can take retirement from here. For last 5 years I have been getting RSUs like anything , do almost no work, little bit of politics and easily surviving. Shares will keep on moving up. CR is doing just excellent.
stock buybacks are pretty much unregulated. IBM spent years perfecting the stock buyback process
Buybacks and rewarding the gangs with more rsu
a virtuous circle
$6 billion of stock buy backs last quarter reduced the number of shares in the market. This is what they are doing with the repatriated money.