Dufuss---If you think that Buy Backs increase the leverage and price of CY stock all you have to do to is go back to the day CY hit 23.95 and look at today----CY has been hanging their hats on Buy Backs all the while---they got no leverage and the price of the stock has been cut in half!!! Now they have established a "revolving credit line!" That kills any leverage right then if they had any to start with!!
Jesus--what a financial guru you are NOT!
They were also hypeing up Buy Backs in the Tech Bust when it went from 58 to 3+!!!! And the CEO was publicly telling shareholders he was holding his stock!! ROFLMFAO! How much would you have made by buying Puts and Covered Calls from 58 to 3+????
It's Camel doo-doo Bartman----! Grab a shovel; go to Syria; and you will become a Camel doo-doo guru!