Thanks for the reply. I understand estate planning, but RG knows he's not the only shareholder. Besides, aren't the Greenbergs famous for selling off lots of shares, only to replenish them later with awards ? I'm not put off by a lack of buyback -- buybacks are an admission that management has no better plan than to financially engineer the stock. But to devalue the stock solely to enrich themselves seems more than egregious behavior, to me. It seems the act of a family-owned job shop, not one that envisions itself a future market leader.
Would you ask the Greenbergs if they'll be dumping any more millions of shares on the market during THIS recovery ? It'd be nice to see the stock ACTUALLY REACH 45 AGAIN.....
There you go:
"The Federal Trade Commission had sought to block the merger of the last two national office-supply chains, contending it would allow the combined company to dictate the price of supplies, especially for corporate customers that buy in bulk.
U.S. District Judge Emmet Sullivan said in a ruling Tuesday that the FTC met its legal burden by showing it was likely the deal would "substantially impair competition in the sale and distribution of consumable office supplies to large business-to-business customers." He said regulators also succeeded in showing that blocking the deal would be in the public interest."
Remember -- OWN APPLE, DON'T MAKE MONEY ON APPLE !
So, did he damage PRGO (by refusing the bid for the company), with the idea that he would somehow turn that to VRX's advantage ? So many questions.... so many lawyers....
I'm sick to death of hearing this #$%$. "When things are good, it's because we're great managers, but when they go bad, it's because of events - government - God - etc." BP has some of the worst management in all of Big Oil. Books have been written about how dangerous they are. They have more criminal and safety violations than the rest of Big Oil put together. THE RISKS THEY HAVE TAKEN ARE NOWHERE NEAR WORTH THE RESULTS.
I held this #$%$ stock a long time ago, but never again while the current management infests it. And, while we're at it, WHO'S PAYING YOU TO TYPE YOUR OBVIOUS ADS ?
Dividend at 50 % is capital-S #$%$. The current exorbitant dividend is the ONLY reason to consider this POS. If the stock DID go to 50, the half-dividend would then be under 2.5 %. Management is obviously inferior to Chevron and Exxon. And BP remains under the watchful eye of the Justice Department, with its hooks into BP's cash flow WHETHER IT MAKES MONEY OR NOT.
This is the Swede that said he didn't care for "the little people" ?? KICK BOTH HIM AND DUDLEY TO THE CURB !!
Tentatively identified as LARRY DAWSON, self-styled "PROPHET OF GOD" who was arrested last year for disrupting the House of Representatives. Move along ... just another teabagger who brought a gun to someplace it shouldn't have been ... nothing to see here....