Can I call em or can I call em! Big LIEber's/Board Buys, then--whoa!--an announcement a few weeks later of a big buyback. Really curious timing, huh? Isn't that kind of stuff, you know, like illegal!?...trading on inside info not available to the public.
Who stands to gain here? Well, Alpine Woods does. How: Massive insider buys prior to buyback announcement: NAV increase, so fund fees increase, beyond any share increase.
How are they going to buy shares?: With fund money. They are already sitting on over 3Billion$ (with a B) in losses. They loose millions just on currency swaps and their usual loosing trades, plus 'paying' the 'dividend', plus the fund 'Management' fees. Where's the cash coming from?
Again: S C A M