At today's market price they would get about 1.2 million shares. In the open market the volume would spike big time. Not seeing that.
Hope they do buy shares and announce when they are done. Some companies announce a repurchase but never follow thru.
Buy back could take some time. Good they did this. Looks more and more like they want to go private. Share price still a nothing.
Back when oil tanked I did a post saying good for trains as they purchase in advance so can load cheap fuel for the future. Enough said. CSX longs enjoy, it will get better.
The GALE shorts will not have effect on whether or not GALE gets their drugs to market. All this Board chatter is just that. Lower share prices make it good for adding cheap shares for long term gain.
As I said in a previous post, when it was at $10, mark your calendar with the today price and check the price in October. Not going to see $6. Do you even own shares?
On the strange trading, looks like someone sells a few shares cheap, perhaps 100 at open to take the price down, then adds small lots at the lower price. Just my guess.
Bet it is hard to find a drug that has not received an FDA letter. Ever watch TV and see a drug ad where they spend 1/2 of the ad listing possible side effects? FDA over see this.
Mark the today share price on your calendar and check it again in October. Please do that! SDRL is doing all the correct things to deal with this oil price thing. Drop Dividend, lay off staff, etc. Great company. BS- If you hold shares, please sell them and go away. Your post was very informative about your mentality.
No reply and would have been surprised if they did. Still see people buying even with the ugly chart. I try to be patient thinking a turn around is soon to come. This was at $17.31 in it prime and when they were not making money.
Sure would not look to jog49 for info, sounds like a head case, 1 billion shares? My guess is that the share price will stay about the same. CIM is a long term play for the distribution and not much has changed in the sector to send a buy or sell message. Most reverse splits are caused by a share price decline, I did not see this with CIM.
How much money have you made since Obama came in. With the GOP I lost my ass! Weapons of mass destruction and took the economy to the sewer.
Off big again today. I have been emailing the IR guy Mark asking about their lack of communication and efforts. Figured it cannot hurt. Thanks for the info. Getting close to year low price.
PS- You also sound angry! Have you thought of a good therapy. Just let us invest, that simple. Gale will win or loose with out your mouth.