GREY:CRVNF - Post by User
Comment by
jamieb3on Jun 01, 2006 4:17pm
440 Views
Post# 10934807
RE: FE share buy back - no substance
RE: FE share buy back - no substanceWhat this tells me is that they haven't bought any stock in ages (average price $5.50?), and that they have no intention of buying any back in the future. A non-news release that the market has passed judgement on already. Nat GAs up to $6.60, FE down to $10.60. Nice try though.
On more important matters...
Any member of the current management team who receives stock compensation is stealing money out of your pockets. They don't deserve it. They haven't earned it, and the last thing FE share holders needs is more cheap stock on the ask.