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Lumos Networks Corp. Message Board

racerxcarnumber9 1 post  |  Last Activity: Dec 8, 2014 4:11 PM Member since: Aug 15, 2003
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  • Reply to

    Fellow longs

    by stktrdr1970 Dec 8, 2014 1:48 PM
    racerxcarnumber9 racerxcarnumber9 Dec 8, 2014 4:11 PM Flag

    If you are long-term holder, you want them to buy the stock at the lowest price and take advantage of short-term swings that are unrelated to long-term fundamentals. A buyback isn't supposed to "hold the stock up" - the lower the price, the more accretive when the stock turns back the other way, EPS will be higher - sucks in the short-term but if you are in this until BABA acquires at $120 then no worries - just don't look at day to day movements.

    Sentiment: Strong Buy

17.91+0.69(+4.01%)Mar 2 4:00 PMEST

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