RE:RE:Preliminary Results of its Substantial Issuer Bid
To all my fellow investors on this board, Wow, did we overthink this or what?
Not only did STLC not purchase for cancellation the maximum amount of shares but the shares it did purchase were 20% cheaper earlier this week.
Guess the board didn't allow Bedrock an exemption to participate and we all got outplayed. I'm catching up on Season 5 of Billions and I cannot shake the feeling that I was played like Bobby Axelrod!!!!
Guess my only consolation as I'm crying in my cup of coffee is the fact that no spammer has posted here to proclaim what a great trader they are for having purchased at a 20% discount and the fools who were selling their shares this week on the open market instead of tendering them back to the company.
Lessons learned even for an old dog like me!!!!
GLTA