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Re: pray post# 87233

Wednesday, 03/23/2022 1:13:14 PM

Wednesday, March 23, 2022 1:13:14 PM

Post# of 92619
I mean it hurts long term investors when a RS could have been avoided or reduced by a significant margin if a buy back occurred anywhere below .2; especially the lower price levels we’ve been at for months.

It’s not like it would be a loss either, the company would see a ton of appreciation and could even use the shares for collateral if they didn’t want to sell and needed cash.

It’s a moot point now and like you said a RS is very likely in the future. But at the end of the day a larger RS is taking money out of our pockets & their treasury, which is why I’ve been a proponent for a buy back since the end of last year; especially when there was a golden opportunity to lessen the blow.