Tag: Share buyback
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Icahn’s noxious no-brainers and America’s share buyback binge: Is value extraction a sham?
Icahn’s traveling roadshow is only marginally better than the criminal activities of Bain Capital. These vicious business vultures swoop in, gain control of the shares, get the company to load up on back-breaking debt to commence a share buyback scheme which they sell into and walk away from long before the company’s books explode all…
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SOL Global (SOL.C) is no superman, but prevailing wisdom says smart investment will have its day in the sun
Nobody is very happy with SOL Global (SOL.C) at the moment. $HARV can’t seem to close their financing which was announced in July. How will $SOL monetize shares of $HARV? The soap opera continues….hand job city. — Teddy Gambino (@TeddyGambino) November 5, 2019 Hand-job City or not, SOL Global closed at $0.49, down 14% on the…