Why would they. They have a neat little monthly annuity situation called stock options which is essentially company money theft. We can thank the jews for this jewel of a financial trick used heavily in the stock market at the expense of regular non insider shareholders.
Kroger just installed new terminals and they are pretty slick. The problem here is the overpayment for acquisitions thus to much goodwill on the balance sheet which may cause a big write-off, sometime. If goes much lower I am going to give it try tho.
This thing sure does bounce around. Got stopped out at 18.40.
10 year T-rates are worth watching. Means big losses in the fixed rate sector as they go higher. But the jwus are once again well positioned in the financial arena after having been saved by the govt. This includes the non-jwu, Buffet who was strung out on credit default swaps and the like to the point of being illiquid broke.
After taking it on the chin for a few hundred, I will be able to short this thing once again the last week of June absent tax consequences. The stock market has entered into a frothy mania stage which should end soon. Ponzi's do not last forever. They run out of greater fools. I made my loss back by buying and selling QCOR but that is another wild one I don't trust very well.
It is not their own money. They only do that to enhance earnings to continue theft via stock options. The market would be a safe bet if stock options were not allowed. Buybacks are a waste of money unless done near tangible book value. Remember, there are wall street earnings and actual bankable earnings.