He's smart enough to recognize a short attack by someone with deep pockets, that's why he was pounding the table for them to do something. He knows the value of a "one time dividend" in killing shorts. Maybe they will listen.
BTW, did anyone pick up that the company bought 1 million shares at $25, THEY are down 4+ million. Hope they have a good posion pill. Anyone know?
He's basically telling management to put us or shut up. But evidentally management feels it needs the cash for strategic investments that it thinks will provide more value long term to shareholders than what a buy back would. I hope they are right and can execute.