RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD on PPL/TPZ DealMaybe he is targeting shorts, but yes, I agree, the dude is good manager but he stinks when it needs to protects shareholders.
Great company but shitty Stock price, but even if he wants to do another acquisition, he WILL HAVE To raise the price of it's stock and than use it to aquire.
There are no more fundamentals here, as if no stockholders period, as if somebody else moves the price of stock. We have decently big news, but stock just stays the same, no up, no down.
yes, I am very frustrated here too.
DivChase wrote: Baranja! Also regarding your point about his comment to raise SP over 14$, how exactly will he achieve that with a pidly 200mil share repurchase plan. 500mil would have been a nice chunk of change to move the needle. Instead he announced "park the majority of these sale proceeds". Those choice of words tell be it is a cash park and this guy is planning an acquisition. I hope I'm dead wrong and he is just a poor communicator of his intentions. I'll be happy to eat my words.