Thread: DAL Buybacks
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Old 06-13-2019, 04:42 AM
  #6  
mispoken
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Joined APC: Feb 2011
Posts: 760
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It really is a rigged system. It’s basically the same as the “no cancellations” game they play. All smoke and mirrors. The other thing is, of course the BOD and management are going to say the company is undervalued. It’s the perfect excuse for buy backs, it boosts EPS, makes them look good, allows them to achieve the target metrics, makes retail investors feel like they’re getting a “good deal” etc. This is the financial system, in general. Smoke and mirrors.
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