Comment Re:Seems healthy. (Score 1) 25
I get the unpleasant impression that we are doing a corporate reenactment of that period in European history where basically everyone was ruled by Habsburgs who were incestuous and incompetent in equal measure.
Nah, it's simpler than that. This is just good old fashioned gaming the stock market.
- Announce a big project or big investment that makes people think your company is doing great things
- Stock price goes up
- Profit!
- A year later, people have forgotten that you never actually built the big project you announced
- Lather, Rinse, Repeat