RE:Stock buy backNO, totally rediculous to waste cash buying ones own sharesat this point. I cannot wrap my head around the concept unless the company is on 100% solid footing and rich in cash. ALA would be better served to reduce debt if they had extra cash.
Obvious steps forward are new CEO, confirmed sale of assets and a clear roadmap to the future. Divident maintained or small reduction and the share value will return to its rightful place. I fully expect this will unfold over 2 quarters or so.