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Published 1 year ago with 1 Comments

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  • NinjaKlaus
    +6

    I'll put the blame where it's due, that's the shareholders of those companies. Due to the way the stock market works if you aren't making a profit, usually more than last quarter, you're in trouble. Many online retailers can afford to deeply discount items that are sitting in their warehouse for longer than a month or two, Best Buy can't do that because they've spent money and need to recoup more than they've spent because their shareholders demand nothing less. The exception would really be Amazon who does have a stock, but they're CEO is also the founder and doesn't mind telling people to go screw themselves because he owns the majority of the stock and can't be removed.

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