Reply to post: Re: Hmm one does wonder

Facebook is MORE IMPORTANT to humanity than PORTUGAL

Anonymous Coward
Anonymous Coward

Re: Hmm one does wonder

If the stock goes higher it does not affect profits or earnings per share, but it does increase the P/E ratio which does not look so good.

One could argue that Deloitte is hoping the prices will rise so that the inevitable fall after earnings are released will be less noticeable. Pump and dump is of course illegal, so they would never be involved in anything like that.

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