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WebMD Health Corp. Message Board

  • tmartin1130 tmartin1130 Aug 2, 2012 11:29 AM Flag

    something strange going on

    Icahn was not in favor of selling in the mid 30's if you remember the last time WBMD explored a sale

    he shook up the board and replaced the CEO on the premise that he wanted to undertake a massive share buyback

    now that his team is in place, there has been no new massive share buyback, just the original one instituted by the previous management team that Icahn viewed as insignificant

    the fact that there has not yet been an announcement about a new large share buyback program can mean 2 things: 1) the company is looking to sell itself instead or 2) the company is planning to buy back so many shares that it is taking longer to work out

    either way, i think buying below 15 is a good trade

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    • tracey563 Aug 2, 2012 12:27 PM Flag

      this will be under 10 in the next mo or so that may be what get the buyout move.ichan has taken a big beating ,he own from 26 and up.he has no way to wheel anddeal til nov after the next announced horror story from mgt.i implore the stockholders here read the company earnings transcripts its really bad and what the worst part they have no idea when things will turn,they already were talking about 2014,based on losses,debt and remaining cash i dont see how they dont get delisted by than,unless something changes,bluntly i think it gets worse once obama care really comes in and places all sorts of industry restrictions.

52.02-0.65(-1.23%)Feb 5 4:00 PMEST