Why I Don't Like Stock Buybacks - AVC

RIM, the company that makes Blackberries, announced a weak quarter yesterday, and then announced they were initiating a stock buyback. I don't like stock buybacks and I figured this was an oppo...

By · · 1 min read
Why I Don't Like Stock Buybacks - AVC

Source: AVC

RIM, the company that makes Blackberries, announced a weak quarter yesterday, and then announced they were initiating a stock buyback. I don't like stock buybacks and I figured this was an opportunity to explain why. A decade ago, I was Chairman of the Board of a public company called TheStreet.com. It is still a public […]