Company re-started the buyback program or the entity getting out has run out of stock to sell at the bargain?
I got back in at 12.48. We will see tomorrow if I got it right this time.
What would the price action be if in the ER they declared revenue of 850M in lieu of 914M (deferring 64M) and earnings of 1.40 per share in lieu of 1.75 (deferring 0.35)?. The 850M revenue would have beat the 803M concensus and the 1.40 earning would also have beat the 1.16 concensus. If the deferrals are then added to the the guidance, It would also easily beat the estimates. So why is this going down when a slight accounting adjustments would have done the opposite?
I think I heard the same thing not too long ago. Oh yes, when BBRY was going down, the same sentiment was played over and over on the board. I just hope CSIQ will have a different eventual outcome.
Ar'ent you glad it does not trade anymore? It will again drop like a ton of craps once it starts trading.
What's going on? Did I miss some announcements? Is there a private equity offer? Down big yesterday and up big today. I'm at a loss. BFG please give me your insight.
The only beneficiaries of this company are the clowns better known as management team. They buy back the stock at $8.50 divide it among themselves as options (of course for free) and sell it back to the public for the market price (which usually is lower than $8.50). And the cycle goes on and on. What a racket.