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Originally Posted by cobrabitn
Most company's shareholders are the execs! They own the majority of the stock and line their pockets. They'll drive those prices up, sell some stock and end up with the same value they had before the stock sale!  |
Yes, but, they will rake most of the profits into their own pockets through perks, bonuses, and pay raises long before it trickles down to shareholder distributions. That way they keep more of it for themselves.
Gotta love the media though. I'm more interested in the net income than their gross profit.