GREY:FTPLF - Post by User
Post by
mr1derfulon Apr 15, 2014 12:06pm
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Post# 22453035
Buybacks
BuybacksFTP buying back their shares? Are you serious? This company is in cash conservation mode right now and they have no way to reasonably raise any more capital. Not when your bonds trade for $.60 on the dollar. Companies that bleed red ink every quarter do not buy back their own shares.