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therivetman

01/05/11 8:26 AM

#9079 RE: SaltyDawg #9078

We would do much better with regular dividends than share buybacks....a large float is needed if large funds decide to buy some to take advantage of the dividends....I'd like to see an announcement say, the dividend being increased to 12 percent and no buyback. Many of the biggest stocks trading at triple digits with dividends have over 100 million shares....Better than a buyback would be a stock split the minute we reach $30 of 3 for 1...This would increase the float and pave the way for larger earnings and expansion and also bring in smaller investors....Just some thoughts. I don't want a buyback...it's a waste of money and after the Star deal looks very foolish.
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Nigel9527

01/05/11 9:53 AM

#9089 RE: SaltyDawg #9078

Did you see it? $18 by Friday is quite unrealistic but I hope it will.