Zander
Platinum Member
Zander, didn't have accounting 101 did you.
Laying off people raises earnings.
In the short term, yes, cutting employees does raise earnings. But after you've cut all you can cut and consumers are still not buying, where will the earning come from then topspin?
If you are bullish on stocks - by all means buy stocks! Buy on margin. Personally, I think we are headed lower, much lower....
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