SUCCESS: Activists force SBUX to spend earnings to buy back its own stock (to fight short-sellers)

To fight activists, companies can 1) buy back their own stock 2) raise their dividend 3) spend more on marketing. Or, like the banking sector…fire thousands of people. UKUncut in the UK and the Occupy movement are succeeding in forcing companies to attack themselves by spending money to defend their positions. Keep up the pressure and force these companies out of business. #success

Short-sellers are the bane of Howard Shultz, CEO of SBUX. He has mentioned before he’s ready to fight the shorts however he can. Buying back his own stock is his counter move to activists that are forcing SBUX to come to book on issues like taxes. But it costs the company lots of money to buy back its own stock; money that would have been used to expand operations. Keep up the excellent work!

5 comments on “SUCCESS: Activists force SBUX to spend earnings to buy back its own stock (to fight short-sellers)
  1. Tom-Tom says:

    “I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. . . . corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.”
    – U.S. President Abraham Lincoln, Nov. 21, 1864

  2. I_Cant_Believe_Its_Just_a_Dip says:

    Does this mean they will have to dig into those untaxed billions of profits that are stashed off-shore somewhere?

  3. In Pavlovian ‘Deconditioning’ a traumatic experience renders the subject insensitive to a prior ‘Conditioning’ stimulus. The conditioning stimulus words like “profit” and “oportunity” etc. may soon lose their effectiveness. The Phoenix engulfed in flames, is how best to describe the Market today.

  4. Danny Cunnington says:

    You have to get droves to boycott. It’s tough because humans are creatures of daily routine and habit due, in part, to their debt money slave status. If you can get to cut into sales then the corp get double slammed as it’s holding the greater fool long end of the trade with heavier exposure to losses. Star bucks are quite a kosher set up in that it’s very much a Jewish trader as is most of the UK High Street so hemorrhaging money will go down like a lead balloon with shareholders.

    Personally I like Jewish caterers. I just think it was better when you could walk down Brick Lane and go into a Jewish bakery and buy super fresh still warm bagels with smoked salmon and curd cheese fillings or chopped liver and raw onions. (Maybe you still can but I haven’t checked for over a decade. The Indian restaurants and the Street art murals are also excellent).

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