Rather than mad, perhaps the investors are taking it as a signal that Facebook management, by buying other companies in mostly stock deals, believes that Facebook stock is overvalued.
That could be a rational rather than irrational explanation.
That could be a rational rather than irrational explanation.
1.Z knows what he is doing and thinks the share price is overvalued.
2. Z has no idea what he doing. Who wants to own a company with incompetent management that can't be voted out by the shareholders.