I wish they would start buying....this great stock is dropping like a rock.
No one is going to spend $90 for a share of stock that will be worth $90 at a later date. Look up "time value of money."
If you are lucky enough to be long this stock, take the $87 and be happy, or you can wait around and gamble on the possibility that the deal collapses!
Agreed! What information did he get to make suck a drasitic change the day before earnings????