Comment by jalapenos
2 hours ago
> managing earnings to sustain equity valuations
That's an interesting take, so eventually they'll just run out of these tricks and at that point the valuations will burst?
2 hours ago
> managing earnings to sustain equity valuations
That's an interesting take, so eventually they'll just run out of these tricks and at that point the valuations will burst?
Bingo. Yes. The trick, as usual, is timing the pop.