
Thursday, January 18, 2024 11:47:25 PM
I'm guessing people sold because of a "softer" Q3 and because he wasn't as confident now that FY 2024 sales would beat FY 2023. Seems a bit short-sighted to me.
I don't put a lot of stock (no pun intended) in the stock buyback announcement (volume's not high enough to buy in the market and who knows if any shareholders will offer to sell shares...maybe if Bill, the old CFO, wants to sell his shares now that he's retired), but it's definitely not a negative.
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