If you can buy back 300M worth of your shares in 24 months
and likely have the same amount of cash on hand after buyback is complete as one did when they started the buyback 24 months prior....that company is in great shape. Especially when insider ownership has just one sale to its name in the last 18 months. Nobody running for the hills.
Then you also have Goldman Sachs holding presently 6.71% of the company but 8 months prior had 10.9% of the company(smartly took some profit so they play with house money) as well as companies like Morgan Stanley buying in within the last 6 months.
You have a company nobody talks about now that it sold off(yet big playes like MS and GS holding positions) and then in 7 months from now, when UGGS are AGAIN the most searched for item during the christmas season, we will have a stock trading at 80+ and it is then that the stock will be talked up.
Not now at the cheap valuation and the cheap pe but when it is higher because at CNBC, they are nothing but dumb money. None of them report their annualized returns(because they don't have any). They make money talking about stocks, not buying and holding them. They are dumb money.