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#Stock_Buyback #Scams | #SEC_REFORM!! #INVESTIGATE THE #SEC #FTX_COMPLICIT!? #IRS_REFORM!!
#Printing_Money | #Money_Laundering
This is an additional section that was added to Chapter 6 in the September 2019 update for the book. It elucidates facts about stock buybacks.
1. Most buyback numbers are based on announcements not transactions.
2. The numbers don’t include "dilution" the additional shares sold to investors before or after the buyback.
3. I investigated 1,274 firms that engaged in buybacks between 2009 – 2016 and found 60% of them had increases in their shares outstanding between 2004 – 2018.
WE GOT THE UNITED STATES OF AMERICA PRINTING MONEY LIKE PROSTITUTES NOW WE HAVE THE STOCK MARKETS DOING EXACTLY THE SAME WITH COMPANY BUY BACKS.
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