RE:RE:Completion of SIB
Hows that working out for you so far?
--Instant gratification and equity investing do not go hand in hand. Ultimately you have the same share price as you'd have with any
other disbursement, but fewer shares. Sure you want a lavish div but think that's payable at $420 lumber ? Nope. I'll take the share reduction any day.
Dutch auctions never benefit the common shareholder as the shares plunge after closing as they have yesterday and today.
--Incorrect. I have more than a sneaking suspicion that your level of financial acumen is that of "mutual fund" territory. Complaining about your pet peeves is fine but does note make this true.
By the way, do you really think anyone can predict short run pricing behaviour? Like, is that a thing?
Once again WFG management has put the boots to the common holders and just wasted $1 billion.
--Sigh. This is not how the world works pal.
A change at the top is way overdue....
--They need slightly more div allocation, better branding, and some benchmarking wrt leading practices on other industries. Ultimately they are missing the mark on multiple expansion, but this is the best in the business otherwise. They need to incrementally improve not make wholesale changes. You need to sell and buy a REIT or bank as there is no chance you get accommodated (thankfully) by the current -- capable -- regime. I welcome changes on the margin however.
GLTA
--Luck is for chumps who can't be pateint, manage risk, or do fundamentals. Now I'm being snarky but posts like this -- long on entitlement and short on even the most redamental analysis or DD -- grind my gears.