InvestorsHub Logo
icon url

FergusVI

01/17/20 12:20 PM

#121423 RE: JcNY #121421

At least he's actually doing something. Like stated a million times before, most other pink CEO's would of diluted the crap out of this already. Took the money and run. You know that. He didn't, plus you know his history of paying off debt and retiring shares. Not a usual thing for a 'stinky pinky' CEO to do.

Beside's, he didn't promise, exact results on an exact date. They are trying, perhaps they will be successful, perhaps not. No need to portray it in any other light.
icon url

jfran

01/17/20 1:49 PM

#121427 RE: JcNY #121421

He didn't have the cash to run out and buy 100 million shares at once. So obviously it's longer term in nature. Besides, there are rules on how the share can be purchased. With volume as small as it has been for a long time now, simple math says the entire 100 million repurchase will take awhile.