After tlab pays out the special div. the stock will be trading at $1 less, so if stock is 337. Then it will be 237 after div is paid. Management is waiting for the div to be paid and then they will start using the $224 mil to buy back shares at the lower price. It's a sure bet.
Spot on! I also think TLAB will wait a week or two before buying back shares....get the sellers/downward pressure out of the way, and then buyback with less upward resistance. I also think TLAB will be sold next year for $5 a share. I may add shares based on how low the stock trades before moving higher.