Yes, the current strategy has certainly 'worked'. Buy back 3 billion in stock with taxpayer money courtesy of DJT. Layoff everyone. Invest in crazy strategies like Greenfield and blockchain and shared desktop environments. Stock approaching a 3 year low. You guys certainly doing a bang-up job! Keep up the good work!
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What in the wide wide world of sports is going on here?
A stock buyback increases Earnings per Share (EPS) for companies with earnings. Unfortunately, for companies with losses, it increases the loss per share. Magnification of earnings propels the stock higher while magnification of losses causes the stock to sell off with price declines. It is inexplicable that a company would repurchase shares while posting losses unless it has an unannounced product in the works that would be expected to blow out all earnings expectations.
Now 42.69. In the sh--ter..
You sound like you're in North Korea. Stock price today 42 ... going down ...
I was just stating how our CEO notes the importance of diversity and inclusion. This is going to move us forward as a world company. He is a great leader. His mandate of 35k employees really boasts my moral and gives me hope for our future.
These guys are total tools.
The key to our problems is diversity and inclusion. We need to make this not only a priority but our culture.
DJT 2020
Charlie is B.E. CEO