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ggreg84 | 4 years ago

Their goal - and only option - is to sell the company for as much $$$ as possible, and this strategy helps them towards their goal.

This is the simplest and most effective way to make Arm books look good, which is what regulators all around the world - including the UK - have decided is what's best for the world.

So this is not idiotic, this is effective, and is finance 101.

For Arm's long term success this is a very stupid decision. But that's not what any of the parties involved need or care about. What they care about is $$$ right now.

I won't be buying and holding Arm stock, particularly not as a long term investment, cause it looks like its going to be a poor one.

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robert_foss|4 years ago

Pumping perceived share owner value is only in the interest of the owner of ARM, Softbank. This is the kind of pump and dump scheme that American investors are famous for.

If indeed ARM needed to cut down on people, having a hiring freeze is the way to go.