DarterBlue Posted June 11, 2018 Report Share Posted June 11, 2018 Effect of the Corporate Tax Cuts passed in December: https://www.cnbc.com/2018/06/11/sec-official-clamp-down-on-officials-who-cash-in-on-stock-buybacks.html Quote Link to comment Share on other sites More sharing options...
AztecPadre Posted June 11, 2018 Report Share Posted June 11, 2018 9 minutes ago, DarterBlue said: Effect of the Corporate Tax Cuts passed in December: https://www.cnbc.com/2018/06/11/sec-official-clamp-down-on-officials-who-cash-in-on-stock-buybacks.html Been waiting for some one to speak of this. I am a Comp Director and stock falls under my jurisdiction. Have seen a shitload of buybacks recently. Has been keeping my stock dept hella busy. Quote Link to comment Share on other sites More sharing options...
DBP66 Posted June 11, 2018 Report Share Posted June 11, 2018 as predicted...a tax cut for working Americans huh?!?..LOL.... Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted June 11, 2018 Author Report Share Posted June 11, 2018 26 minutes ago, AztecPadre said: Been waiting for some one to speak of this. I am a Comp Director and stock falls under my jurisdiction. Have seen a shitload of buybacks recently. Has been keeping my stock dept hella busy. It's nice to be able to influence demand when you are selling yours. The bigger question, though: Given we have had a very choppy market this year, what if the tax cuts which led to the increased buybacks had never happened? Perhaps we would be looking at a real bear market now. Given we are overdue for one, the tax legislation has probably just fueled a bubble that will burst badly for some. 1 Quote Link to comment Share on other sites More sharing options...
RedZone Posted June 11, 2018 Report Share Posted June 11, 2018 conchabee sanders is monitoring... 3 Quote Link to comment Share on other sites More sharing options...
AztecPadre Posted June 11, 2018 Report Share Posted June 11, 2018 10 minutes ago, DarterBlue said: It's nice to be able to influence demand when you are selling yours. The bigger question, though: Given we have had a very choppy market this year, what if the tax cuts which led to the increased buybacks had never happened? Perhaps we would be looking at a real bear market now. Given we are overdue for one, the tax legislation has probably just fueled a bubble that will burst badly for some. Anybody that knows finance is expecting for the bubble to burst. Those that are not easily conned, knew these tax cuts were going to mainly help the execs. In my company, they have been announcing repurchases like crazy. Which of course will drive the stock price up and then the execs will start selling off. Its totally legal, but I don't know if I could do it my self. I'm by no means an exec, but if I was would I take advantage of trumps tax cuts for the wealthy in this way? I honestly don't know. I am so not a greedy person, nor do I worship money, but I know not all think the same away as me. Great topic you brought up. Right in my wheelhouse. 1 Quote Link to comment Share on other sites More sharing options...
AztecPadre Posted June 11, 2018 Report Share Posted June 11, 2018 13 minutes ago, RedZone said: conchabee sanders is monitoring... Good lawd she is FATTTTT. Imagine if she and chumpy and kim jung fat were all in an elevator? LOL. Would you get on it? So an old fat orange man walks into a bar with a just as fat North Korean and a former NBA player drag queen........... Quote Link to comment Share on other sites More sharing options...
RedZone Posted June 11, 2018 Report Share Posted June 11, 2018 24 minutes ago, DarterBlue said: It's nice to be able to influence demand when you are selling yours. The bigger question, though: Given we have had a very choppy market this year, what if the tax cuts which led to the increased buybacks had never happened? Perhaps we would be looking at a real bear market now. Given we are overdue for one, the tax legislation has probably just fueled a bubble that will burst badly for some. Lets GO back to 2004. Quote Link to comment Share on other sites More sharing options...
AztecPadre Posted June 11, 2018 Report Share Posted June 11, 2018 1 minute ago, RedZone said: Lets GO back to 2004. I would take W in a heart beat right now!!! 1 Quote Link to comment Share on other sites More sharing options...
BUFORDGAWOLVES Posted June 11, 2018 Report Share Posted June 11, 2018 7 minutes ago, AztecPadre said: Good lawd she is FATTTTT. Imagine if she and chumpy and kim jung fat were all in an elevator? LOL. Would you get on it? So an old fat orange man walks into a bar with a just as fat North Korean and a former NBA player drag queen........... I just went impotent for a good while with that vision. You know it’s not healthy to be negative. Case in point Regards BGW Quote Link to comment Share on other sites More sharing options...
AztecPadre Posted June 11, 2018 Report Share Posted June 11, 2018 1 minute ago, BUFORDGAWOLVES said: I just went impotent for a good while with that vision. You know it’s not healthy to be negative. Case in point Regards BGW Haha. Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted June 11, 2018 Author Report Share Posted June 11, 2018 23 minutes ago, AztecPadre said: Anybody that knows finance is expecting for the bubble to burst. Those that are not easily conned, knew these tax cuts were going to mainly help the execs. In my company, they have been announcing repurchases like crazy. Which of course will drive the stock price up and then the execs will start selling off. Its totally legal, but I don't know if I could do it my self. I'm by no means an exec, but if I was would I take advantage of trumps tax cuts for the wealthy in this way? I honestly don't know. I am so not a greedy person, nor do I worship money, but I know not all think the same away as me. Great topic you brought up. Right in my wheelhouse. I never fancied shooting fish in a barrel, myself. I could not con myself into believing I was deserving of the catch. But this is what our current system allows. Until 1982, corporate buybacks were illegal, as they were viewed as a way for a company to manipulate its stock price. What makes it even worse is that many executives have a large portion of their compensation in options. Being able to buy your stock back while being enriched by exercising in the money options seems like shooting fish in a barrel to me. 2 Quote Link to comment Share on other sites More sharing options...
World Citizen Posted June 11, 2018 Report Share Posted June 11, 2018 1 hour ago, AztecPadre said: Good lawd she is FATTTTT. Imagine if she and chumpy and kim jung fat were all in an elevator? LOL. Would you get on it? So an old fat orange man walks into a bar with a just as fat North Korean and a former NBA player drag queen........... 1 Quote Link to comment Share on other sites More sharing options...
AztecPadre Posted June 11, 2018 Report Share Posted June 11, 2018 18 minutes ago, World Citizen said: Hahahaha!!!! It's funny cuz she's fat. Quote Link to comment Share on other sites More sharing options...
RedZone Posted June 11, 2018 Report Share Posted June 11, 2018 wing nut has gone mute. 1 Quote Link to comment Share on other sites More sharing options...
RedZone Posted June 12, 2018 Report Share Posted June 12, 2018 wing nut Bump! Quote Link to comment Share on other sites More sharing options...
Hardcore Troubador Posted June 12, 2018 Report Share Posted June 12, 2018 7 minutes ago, RedZone said: wing nut Bump! Tim Tam Slam! Quote Link to comment Share on other sites More sharing options...
concha Posted June 12, 2018 Report Share Posted June 12, 2018 17 hours ago, BUFORDGAWOLVES said: I just went impotent for a good while with that vision. You know it’s not healthy to be negative. Case in point Regards BGW It's funny. These same, tolerant, respectful, non-misogynist liberal guys were engaged in a circle jerk for months, if not years, over this: Cankles are sexy. Quote Link to comment Share on other sites More sharing options...
FolsomPrisonBlues Posted June 12, 2018 Report Share Posted June 12, 2018 Fat is the new skinny. Quote Link to comment Share on other sites More sharing options...
BUFORDGAWOLVES Posted June 12, 2018 Report Share Posted June 12, 2018 5 minutes ago, concha said: It's funny. These same, tolerant, respectful, non-misogynist liberal guys were engaged in a circle jerk for months, if not years, over this: Cankles are sexy. Dude, I'm in recovery from the trauma, must you extend the therapy process? Regards, BGW Quote Link to comment Share on other sites More sharing options...
concha Posted June 12, 2018 Report Share Posted June 12, 2018 3 minutes ago, BUFORDGAWOLVES said: Dude, I'm in recovery from the trauma, must you extend the therapy process? Regards, BGW Getcha some!!!!! SEXY!!!! Quote Link to comment Share on other sites More sharing options...
BUFORDGAWOLVES Posted June 12, 2018 Report Share Posted June 12, 2018 9 minutes ago, concha said: Getcha some!!!!! SEXY!!!! Help a dude out, okay? BGW Quote Link to comment Share on other sites More sharing options...
FolsomPrisonBlues Posted June 12, 2018 Report Share Posted June 12, 2018 Even sexier.................... Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted June 12, 2018 Author Report Share Posted June 12, 2018 14 minutes ago, FolsomPrisonBlues said: Even sexier.................... Well in some countries they do like em fat! Quote Link to comment Share on other sites More sharing options...
DarterBlue Posted June 12, 2018 Author Report Share Posted June 12, 2018 27 minutes ago, Sportsnut said: I'm sorry Damn, she looks like she will take your head off. She has a tough job. I don't envy her one bit. Wouldn't do it for love or money! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.