I think its a 250M program to buy back stock, not 250M per quarter?? In one year they would own all their shares??, price would escalate as they did this, so its just 250M total over who noes how long???
From Conf. call $30 Million in shares already purchased $40 Million to #$%$
Jethro lets Cipher..... First share count is low account 1 for 5 reverse split around 30 Mill???
When buyback is completed wouldn't this cause large spikes in share price in future account of lower shares available??? 30 mill / $11 = 2.8 million shares already purchased + 40 mill/lets say avg. price $12 a share = 3.4 mill shares, so they remove 6.2 mill shares from system??
Plus divis back in their pocket would be 6.2 mill times .42= 2.6 mill per quarter???
To cross one's fingers is a hand gesture commonly used to wish for luck. Occasionally it is interpreted as an attempt to implore God for protection. The gesture is referred to by the common expressions "cross your fingers", "keep your fingers crossed", or just "fingers crossed". Some people, mostly children, also use the gesture to excuse their telling of a white lie. By extension, a similar belief is that crossing one's fingers invalidates a promise being made.
Maybe Cohen reads these???