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Re: KingDMC post# 29122

Friday, 07/31/2015 12:04:44 PM

Friday, July 31, 2015 12:04:44 PM

Post# of 36850
Like I said, they have what we don't; TIME. They can buyback at a leisurely pace at these levels and frankly I would do the same if I were them. Dude, they will have bought back a total of $5 billion when all is said and done and they could announce more buybacks next quarter too.
They already have a record year in profits and we have 2 quarters to go.
They had a record last year at $2.8 billion.
First 2 quarters this year? $3 billion (1Q $1.2B and 2Q $1.8B)
I know I said that before but do analyst not see that?
We should not be here. Even our worst detractors say that this stock is cheap at this level.
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