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Friday, June 29, 2012 12:23:21 PM
I'm not sure what the original intention was when it was first announced some 8 weeks ago, but it seems to have become a "lead yoke" for the stock.
The fact that they didn't give a progress report on the buyback and indicated that the "buyback period" would end with the end of Q2 may be interpreted by some as a sign that JR may not have begun the buyback yet.
I hope this is not the case and I hope we don't revisit the .002s just so JR can buy back before end of Q2.
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