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  • squeezetracker squeezetracker Apr 23, 2013 5:44 PM Flag

    $50B SHARE BUYBACK PLAN IS LOVELY FOR LONGS

    LOVE to say I told you so; I precisely called the $50B debt issuance for buybacks program on April 18th... right here ON THIS LITTLE BOARD THE GUMPTARD HAVE RUINED WITH THEIR BLITHERING DOG S POSTING.

    I can hardly wait for them to begin taking out 15% of the market cap "THIS MONTH"... did you note that the number is "in excess of $100B over the next 3 years incl the dividend? Accelerated share repo program and open market purchases coming righ up and right down the gumptards' throats. LOL

    LOL The debt deal now announced as coming will be at the $50B size i suggested... you just have to love the idea that such magnitude of "investing in AAPL as our best idea for EXCESS cash" will let them take out 15% or so of the stock at an annual after tax cost of less than $1B -- or less than 2% of their CURRENT run rate of free cash flow.

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