His confidence comes from the low bar that was set from the way other trip CEOS move!! They have taken our money, diluted and went radio silent!! Very low bar!! Anything I say is speculation but half is excessive!! He has to report the progress in filings so we will see!!
I'm very interested to hear the restructuring plan next week. The easiest and short term pain option would be a very small RS and reduce the AS. 1:10 or 1:100 are very small and those would give us a 700m or a 70m OS. With no conversions or dilution and a tiny float, this thing would move. Buying back billions of shares to actually accomplish something would take years.