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  • Younessi Younessi Feb 2, 2012 9:05 AM Flag

    How funny

    Funny they made statement about share repurchased. After spending so many millions, they still have the same number of shares outstanding. Because they need to keep issuing shares as form of compensation and yet they want you to think that those are not real cost. They said if they cannot use the cash for acquisition, they will not pay dividend but use it for repurchase. How funny, since the insiders can't wait to sell their shares.
    The stock is worth no more than 40. Once the funds realize the stock is not going up anymore, they will star to sell and try to find another opportunity. The problem is that once that happens, stock will fall as there is little interest from retail side.

 
ABCO
50.66-0.19(-0.37%)Jul 11 4:00 PMEDT

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