WILL ANNOUNCE STOCK BUYBACK & DIVIDEND INCREASE THIS WEEK
Expect stock buyback announcement, qtrly div of .23-.24 and a ny acquisition very soon!!. This puppy will easily be at $27.50 + by end of month. Underwiters will keep base at 25.00. They sold only because they needed to be below 10% for regulators. This is a very good move. The company is so overcapitalized that they can easily buyback a good amount of shares without effectiving capital levels. Never bet against jak. He is a winner. Long and strong.