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californiaoak

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californiaoak

Re: None

Wednesday, 04/16/2008 12:56:12 PM

Wednesday, April 16, 2008 12:56:12 PM

Post# of 23274
The market likes the buy back, at least for a day or two. But there's no getting around how squirrelly this whole episode has been. Rather than including the buy back news in the original release, IMO they have manipulated the market to send the price down prior to their buy back. They seem willing to sacrifice share price, at least in the short term, but for what tangible long term goal is not clear.

I'm continuing to hold on spec that they have not disclosed the whole story regarding the J3 but they are not inspiring a lot of confidence in their regard for shareholders.
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