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Re: SaltyDawg post# 9078

Wednesday, 01/05/2011 8:26:34 AM

Wednesday, January 05, 2011 8:26:34 AM

Post# of 34471
We would do much better with regular dividends than share buybacks....a large float is needed if large funds decide to buy some to take advantage of the dividends....I'd like to see an announcement say, the dividend being increased to 12 percent and no buyback. Many of the biggest stocks trading at triple digits with dividends have over 100 million shares....Better than a buyback would be a stock split the minute we reach $30 of 3 for 1...This would increase the float and pave the way for larger earnings and expansion and also bring in smaller investors....Just some thoughts. I don't want a buyback...it's a waste of money and after the Star deal looks very foolish.
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