BOOM Guess we are going to have a RS after all July 1st, doesn't change anything but strange as heck. I want to see if there is anymore news from the shareholders meeting.
I would rather they have bought shares, they must have gone the pay off debt route with the excess cash. The largest shareholders the institutions which are like 40% or something must have voted for it, not understanding why.
Market cap is market cap and they don't need to raise money outside of the selling the old stock which has been going well. They are in the close dead stores game hopefully for next two years, cannot see a need for capital after the old stock is done selling, that's a lot of money with low capex and other costs cut by 10+ mil a year.