I'm confident that RR is confident in projected earnings/revenue beats. Long term contracts in place so .02 will have no impact except for today:(
just finished a nice cocktail and got to thinking. CI comes to RR and says he needs capital as the energy sector has taken him down a notch. RR says OK but on one condition. Give up your board seats and let me do my thing. RR says to trust him to get you 3 times your investment in your remaining 34.5 million shares. The deal with XRX will come to fruition...I promise! IMHO
Yes, when I read the PR I thought first of WP. Seems to be the same pattern. Hope I'm wrong
Strange since these shares are a buyback and not being dumped on the open market! The board determined the sales price, not the MM's
The sale at a discount is just strange which leads me to believe there is something up and soon.