Happyhour: Another 20% reduction in shareholder value in two weeks .
Another one mixing up shareholder value with share price! Don't you read my posts? Please read at least how the Investopedia defines shareholder value (bold by me):
- Shareholder value is the value delivered to shareholders because of management's ability to grow sales, earnings and free cash flow over time. A company’s shareholder value depends on strategic decisions made by senior management, including the ability to make wise investments and generate a healthy return on invested capital. If this value is created over the long term, the share price increases and the company can pay larger cash dividends to shareholders.
Read the rest of the article here: http://www.investopedia.com/terms/s/shareholder-value.asp.