It's so sad. They refuse to do what is right and would help the PPS go up. Their buyback is so pathetic they buy less shares than any of us have bought. Makes no dent whatsoever. 800 bucks? Are you kidding? They just released 2 billion at .0001 which destroyed the bid and all hope and they are excited to buy a few million shares back. Pathetic.
Saying no RS is meaningless. Saying buyback is meaningless. They have no intention of retiring billions of shares and in fact want to sell many more billions into the market so the float can be as LARGE as POSSIBLE. What kind of stupid strategy is this?
It leaves no hope whatsoever.
They need get serious about having a small float of say 5 billion at most. The only way that can happen is if they buy back 10 billion shares, retire billions and never dilute another share.
They keep doing the opposite as if the only real revenue they have is US! It's so truly pathetic how greedy this company is.