Tanking your share price prior to things like share buy-backs (or screwing someone's option pay-out as suggested above) is illegal and a very good way to get shareholders to sue, but would have been hard to prove were it not for the monumentally inept way they have behaved recently.
If they tried a buy-back now, they would be screwed so hard by pissed off shareholders that I guess they will just have to suck it up and keep on going.
It gives a new CEO a great chance to earn his bonus by getting the share price to increase - even if it is still less than it was a few months ago.
Highly appropriate..
Tanking your share price prior to things like share buy-backs (or screwing someone's option pay-out as suggested above) is illegal and a very good way to get shareholders to sue, but would have been hard to prove were it not for the monumentally inept way they have behaved recently.
If they tried a buy-back now, they would be screwed so hard by pissed off shareholders that I guess they will just have to suck it up and keep on going.
It gives a new CEO a great chance to earn his bonus by getting the share price to increase - even if it is still less than it was a few months ago.
I still say they should have kept Carly..
(ducks quickly)