GREY:LSTMF - Post by User
Comment by
rchawlaon Nov 04, 2014 4:40pm
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Post# 23094520
RE:RE:RE:RE:RE:Possible Share Buyback
RE:RE:RE:RE:RE:Possible Share BuybackCouple of things:
1. I'm not stating that we will go under based on the fundamentals.
2. I'm saying we will go under based on market sentiment. In a price driven environment (downward), the small fish summer unless they have cost efficiency. Given the BOD and CEO's track record, there is a clear correlation between stock price and performance. (downward)
3. In a sensitive environment like this, not many folks are going to be knocking at LTS doors - this is offcourse unless there is a deal in the works that JW could not talk about yet.
I bought the stock in RSP so sell or no sell, its the same, I can always buy up on the uptick and become a long time holder. I have not been here from the beginning days but I was on the investor earnings call and I was quite concerned how there was no sense of urgency from JW.