The subject-matter of that post was NOT about a buyback...it was about the STIGMA of what he has said and what he has DONE.....fred now goes to the lower-caps....and must wear the SMEAR-OF-DUNG...on his left cheek....til judgement day...so ALL ...who come near...will know.. ..not to trust him......
This move doesn't faze me because I had already written this stock off. None of us should be surprised by this news .. this was bound to happen. Who knows .. maybe this move will keep them alive enough to make some significant sales.
Personally though .. I don't think so .. I think we'll see continued dilution and this company fade away.
Super: I understood the main idea of your post, however, you mentioned something about climbing out of this honarably with buybacks as if this is an option. In reality it is not IMO. I agree with you that this move comes with a defintie stigma but sometimes you have to bite the bullet. I believe it's either this or cease operations.
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