He said anytime under $80 he would be buying back shares. At leaset that's a positive I guess. This stock is WAY under valued. If it doesn't pick up he's going to either have to offer a dividend or split it up.
Right! What WEB said was that if the price went below 110% of BV he would buy. I would guess at $117,500 we would be close given the appreciation in the stock portfolio since 12/31 plus operating earnings from the businesses.