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Re: TenKay post# 86122

Wednesday, 11/19/2014 5:04:35 PM

Wednesday, November 19, 2014 5:04:35 PM

Post# of 222521
Read the "clarification" more carefully - they decided not to buy back from the "market" which means retail. Instead they are repurchasing paper they just printed in private transactions, which means they are handing over cash to affiliates for paper they just printed before the ink is even dry.

I know it's confusing. Lumb always does that.