Up to $200 million.
I recall Creamer hated GNW at $1, $2, $3, $4, $5, in 2009.
GNW went to $18 in 2010.
GNW was $5 last year.
NOW at $10+, CREAMER says to buy GNW.
A day late and $5 short.
Great Job Management!!!!
All those shorts thought no buyback coming then BAMMM $200 million launched into the pipe!
This is effectively 35% of all shares not owned by Murdoch...no doubt these guys sounded like a bunch of fumbling fools on their recent conf call, but this is a huge amount of the outstanding shares....