Reminds me of the time, many years ago before Korenko was CEO, when the stock was sold at less than the par value. Like a ton of it and the price crashed hard (cause the price was already low given it was below the par value). Then someone said 'oops' thats not legal and I'm not sure how but the sale was rolled back and outstanding shares decreased a lot. Anyone who had bought shares at the lower price on the open market kept them and so they made out like bandits. I had bought some, but not as many as I had considered buying. I still made nice change (yes, I sold those few million shares once it rocketed back up).
Anyone around from those days that can explain that event? I always thought it was strange how it worked out and didn't understand what had happened. I also remember being really annoyed how the price started kicking up very hard a few days before the news hit that the roll back was going to happen. There were definitely folks who had information that the rest of us didn't have.
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