RE: RE: ValuationGuys - for those looking to sell I understand you'd want the price of the share buy back as high as possible. However for those like me who are long term investors and not looking to sell in the short term (and I think there are quite a few on this board) I don't understand this desire to have the share buyback with as high a price as possible. My logic is I want as many shareholders as possible to take up the offer of the buyback and pay as low a price as we can since we (i.e. long term shareholders) will all be paying for it. Therefore having the market share price low prior to the buyback is quite all right with me so that the buyback price will be lower and hopefully all 20 million shares will be sold back to the company. So let's stop pumping this thing before the buyback and once we have bought back cheap shares from the clueless then this thing can explode up!
So whoever is selling these days: thank you and keep doing it!
As for my opinion on the price of the buyback, I don't think this thing is worth more than $1.50 right? ;-)
WW