-
Plausible deniability?
It is not like the have to buy their own shares back, so realistically the money is not lost. They would have to make it look good, and buying shares on the way down is a decent way to do that.
Like I said, I am not saying that I believe this (and realistically, I don't believe a word of it), I am just playing devil's advocate and saying that I can see possible motive.
-
Does anyone know of a good example from the past where a company screwed over their shareholders and took the company private? Has this ever happened before? Did anyone get in trouble? Isn't it against the law to screw over your shareholders in this way and profit from it?