hajinator The summer came and went. King George left his app at CTKH I dont think he ever heard back. Yes Hilal is a great guy to tell investors exactly what they want to hear!!!
haj... and that is what is so sad. We can't even trust reading the PR's. Fayiz can always say that he 'never lied'. He did indeed (it appears) execute a buy-back. However his mulit-billion dumping negated dwarfed the buy-back. However, what he did NOT do was... tell the truth... the truth being he was dumping (selling) in parallel.
He apparently (no proof) pumped the stock with the 'buy-back' PR so he could sell into the pump.
Of his counter-argument could be that it was in the best interest of the shareholders since it provided more $$$ for the acquistion. My argument against that is that had he simply orchestrated a series of PR's publicizing his sales/earnings growth... then he could have sold that 2+B shares at a much higher price than SUB-Penny. Great scientist (I hope), but not a good business man I fear. I hope that he surprises me in the end.
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