Friday, December 15, 2017 12:27:57 AM
If you increase the buy back why not make it simple as hell and say
we have bought back X amount in the past and we are now authorizing
and additional 100 million giving the company X amount of money to buy
back stock. Who gives a damn if the total since inception now adds up
to 500 milllion.. You don't tell your wife you have spent $1500.00 on
groceries this year and we will spend another $1,000 making out total
$2500.00. You most likely would say we have this much to spend this
for groceries this month.
I don't give a crap about what they bought in the past as all that is
a way of patting themselves on the back instead of just giving the
actual amount they have to spend. Almost deceiving in the first release
and then tell us later a new amount left. Jusst tell us what you have
to spend as the past don't mean a damn thing, it is tomorrow the street
cares about and they are not about to buy more shares back and decrease
their bonus you can bank on that.
JMO
Mickey
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