Buy on the rumor, sell on the news.
Fundamentals still sound, but I remain concerned about the buyback program being effectively consumed by stock options/grants to the execs.
Don't be too concerned, it's how this one works. You don't like it, don't buy a company that is controlled by Koch. LT shareholders are doing great here. A year from now it will be higher.
Agree, but I am a long term holder since ~$18, more at $52, and plan to continue to hold. I just resent such a large & disproportionate percentage of my earnings being used for executive compensation and being disguised as a share reducing buyback.
Even though earnings met expectation, I suspect a pullback is in order. P/E relatively high, but I expect this stock to be higher a year from now. i may buy more in the 140s.