Just like they're doing in the last three days, along with everyone else, to make Q2 look better after a tough couple of months.
Brett Arends has the story here:
So who was driving up the market? What was creating this boom?
Turns out it was the companies themselves. TrimTabs says companies spent a thumping $124 billion in the first three months of the year trying to boost their share prices by buying up stock.
That works out at about $2 billion for every day the market opened.
Meanwhile, according to Trim Tabs, guess who avoided buying stock during the first quarter? Company executives. The “insiders.”
Phony as a $3 bill.
