I think Fridays reaction was weak unless next week is up big. otherwise we probably are at or near new lows by the end of the month. I have been buying the whole way down but I'm waiting to see next week, as I'd rather buy at lower prices obviously.
the press release doesn't really change anything I don't know why they didn't just announce a authorization by the board to do a stock buyback even I'd they aren't going to.
maybe management has triway loan about to close or something else. nothing has changed except at sometime in December they r going to talk about dividends and buybacks but they could sonthat anyway.
I see no real reason to rally, but I don't know why the stock is so cheap either except people don't want to part of the SOLOMON show
In 4 weeks we will have the q4 report, then you will learn if they have to cover if they have not started to cover already. But still since all collateral shares was still considered collateral in the Q2 report, we pretty much know that if collateral shares has been sold, they must be returned. Squeeze...
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