Why You Should Short Companies Doing Share Buybacks [View article]
Your example of a dilutive stock buy-back is worthless. You ignore the tax effect for simplicity, but by doing so you invalidate the entire exercise.
In your example, at a marginal tax rate of 20% or more the buyback is accretive. Which is to say, unless the company has NOL carryforwards, EPS will rise due to the buyback.
Overstock's Q1 Spin Hides Some Worrying News [View article]
How was it that both Antar the criminal and this clown ended up using the adjective "grave" to describe the advertising investigation? Shouldn't attribution be given by one of you petulant children, or do you write your articles jointly? How pathetic.
As for your gibberish about Overstock being out of business soon, purely from a financial statement perspective, you have absolutely no basis for such a silly claim. Stop allowing your hatred for Byrne to cause you to behave like a petulant child.
P.S. The article submitted by your criminal co-writer is equally specious and silly. What sad men you are.
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Latest | Highest ratedPatrick Byrne’s Hype versus Overstock.com’s Financial Performance [View article]
It's amusing to see an insect like yourself behave like such a petulant child.
Why You Should Short Companies Doing Share Buybacks [View article]
In your example, at a marginal tax rate of 20% or more the buyback is accretive. Which is to say, unless the company has NOL carryforwards, EPS will rise due to the buyback.
Overstock's Q1 Spin Hides Some Worrying News [View article]
As for your gibberish about Overstock being out of business soon, purely from a financial statement perspective, you have absolutely no basis for such a silly claim. Stop allowing your hatred for Byrne to cause you to behave like a petulant child.
P.S. The article submitted by your criminal co-writer is equally specious and silly. What sad men you are.
Overstock's Q1 Spin Hides Some Worrying News [View article]
A "grave" investigation? They'll be out of business soon?
Stop embarrassing yourself, moron.