2 Stocks That Are Wasting Your Money: American Capital Ltd. (ACAS)
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 22, 2013 - 3:45pm
Your company’s buying back stock? Hurray! Or should that be “Boo!”? According to Boston University finance professor Allen Michel, when a company announces it’s buying back stock, that stock tends to outperform the market by 2% to 4% more than it otherwise would have over the ensuing six months. But over the long term, multiple [...]
January 22, 2013 - 3:45pm
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