The CFO may be a bumbling boob, but he's smarter than the CEO. Did you hear the idiot CEO tell his shareholders that it was smarter for them to pay an acquisition premium and acquire another company, than to buy back his own 7x PE stock?
Is it any wonder that this company gets crapped all over? Clowns and idiots sit in the executive suite.
I don't disagree, if the stock falls further, plus a few stinging e-mails to management, they may change their mind, hell, it would only take $50 million right now to buy back 10% of the stock.......leaves them $50 million........DO IT!!!!