Thinking about the current market situation i do not understand why big companies as Meta, Googl etc. did buy back bilions of their stock 20-40% above the current price in recent months.
Before doing so they have surely talked to a LOT of stock/market experts. And literally no advisor of them saw this drop coming? They adviced them to buy back their stock in bilions? In current market environment? Obv thinking it is a good time to buy.? How come? Ukraine, inflation, covid. All of that should already be obvious for experts. They have so much intel. Insiders. Politicians in their pocket. Literally everything retail does not have. Yet they adviced those companies to invest bilions in their stocks… It boggles my mind…. What am i missing?
Which brings me to another point: how are all those reddit bear sherlocks sitting in cash telling us the market gonna tank for years down to spy 270-300 if big tech consulting stockmarket experts cannot even predict that shit? They should shut the fuck up. nobody knows shit at all. Buy the dip. Go cash. I dont care. Stay strong together. Kiss
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