Hey Uncle Carl -- Time to make a statement with your Wallet
not just happy words on twitter. LOL
The Company's buybacks were great and so was the new BOD addition and execution in the quarter, but that isn't enough to dislodge committed Ackman. We also note they spoke of continuing the desk buyback of "at least" $50m/Q after taking out some 1.7M shares between late July and 9/30.
The company has made it plain they won't bring the leveraged buyback quash in without the recertified financials, so the enema team needs to make a statement now that the QQP is done. Bring along the entire wolf pack with you -- Stiritz, Loeb... all you guys should show up with your wallets and canine growls to shout down Ackman's howls of "wolf, wolf, wolf" out there at the edge of the woods.
We'll add shares too... right after it takes off on BIG volume. Pending hearing from y'all in the drum section, we blew out the trading sleeve at a small gain (again) this morning, and we hedged out half of the core just below $70.
Your move Carl. LOL
p.s. Lots of fun references to the short seller antics in the 10Q. Great fun.
So let's say in unlikely event, audit requires that financials need some restatement. After restatements and financials are recertified, won't BOD begin share buyback as originally plan? I highly doubt financials need to be redone and buyback will come sooner or later.
PPS should rise as long as fundamentals and growth stay intact and when eventually buyback occurs, pps might hit 100. I could be wrong but it's JMHO
Just covered in the hedge shares for a fast $2.30 w ave pickup... wanted to cover while it was still green. We want to get back on a trading sleeve here, but we'll wait for the next signal from the enema team.
tex s head continues to have reading comprehension issues... My comments have nothing to do with being saved up some 70% on the re-hedged core or the exit on trading chunk number 20 or so. LOL
Guess who is scooping up the shares being cast off by the nubs longs? As stupid as the shorts have been since March, it's hard to imagine anyone with enough assets to have a margin account would be shorting the story update this morning.
And hey longs, have fun reading the 10Q updates on investigation risk. They see it as been there done that and whatever comes in the future will be handled as per the now routine. yawn...