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Thursday, June 10, 2010 1:16:29 PM
That just does not make sense - they would not increase the O/S count while buying back... someone explain to me how that would make sense? Would be a money trap.
I think things were looking up so they bought back and retired some shares last week, then they unexpectedly needed to issue more shares. That turn-a-round was NOT a positive, so they will NOT make that same mistake again.
They will wait for the funds to close, then start the massive buyback that they have promised - if not, there will be lawsuits.
We are all hanging on the hope that they have enough shares leftover to make it another week (for funds) without having to increase the A/S. This stock will TANK if they have to raise A/S again.
IMO of course...
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