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Grupo Radio Centro, S.A.B. de C.V. Message Board

  • j316forme j316forme Jul 22, 2003 1:50 PM Flag

    distressedbonds, what do you think of

    the allegation that cendant's management is buying back shares just to cover the dilutive effect of their stock options? They are spending a lot on the buy backs but the total shares outstanding does not seem to go down.

    PS Great call on RC

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    • I bought this stock at $8.50 and had since given it up for dead. I've held onto it for sentimental reasons (it was a friend's's that for research your investments ouch!)
      Bottom line - I just may get my investment dough back again - even if the friend is now history.
      Good stock coverage - nice change from the other 45 equities I own!