OK - why the buy back? To reduce the float. Why? I dunno - it looks better? Easier to raise money from bankers?
The 2 for 1 is enticing, but if the price triples you're better to keep the shares. At least I think so - on the face of it as we now know it.
I kinda think this whole procedure is to do a R/S without calling it that.
I wish they would just keep it simple - tell us why (reduce the float?) and just buy back the shares. This whole thing so far strikes me as kinda voodoo economics. Too cute!
If it's to screw the shorts say so, advise what that short position is, the basis for that short position finding (like who knows - the mafia!??) and get us all to agree to a common attack.
We need a general - some guy in a Superman suit!
RRM!
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