Eurocontrol Technics Ord EUCTF

RE:Newsflash: no news any time soon

[kidl2]

Looking at Bruce’s recent buys only confirms that his actions are completely devoid of any sort of strategy. The volume of his buys decreases with price which makes absolutely no sense even in a buying strategy aimed at reducing the average cost. An averaging down strategy, as inadvisable as it is, can only succeed if the buys increase as the SP decreases.
 
Bruce has done the exact opposite in the last 6 months, actually in the last 2 years. He, SICPA and this nothing short of idiotic NCIB did nothing but push the SP up, lured ignorant retail investors in and in the end caused nothing but capital losses all around.
 
Maybe it’s wrong to put SICPA into this mix as they may have some sort of plan of their own. If they do, it was poorly executed as they could have just stayed out of the competition and bought double their stake for the same amount of money. Maybe this is why the EUO/SICPA director got the boot?
 
Anyhow, Bruce’s and SICPA’s so called “investment strategy” is their problem. The mishandling of the NCIB is the shareholders’ problem as it blew shareholders’ money to high heaven. NCIB’s in MC’s are 99% of the time nothing but promotional deception designed to suck retail in using retail’s own money. It’s really nothing short of theft. The company buys its own stock with shareholders’ money giving retail the impression that good things are just around the corner. Maybe not theft but certainly deception.