RE:RE:RE:RE:They finally did it.I wanna answer all your questions LE. and debate this further. But unfortunately i have a very busy day today. I will just touch on a few parts of your post, to get you thinking. Yes the Family was buying at $.26 cents a share. But the process is slow there, share by share. Ever since they SOLD BT, and they knew that the deal was going to firm up, they knew what their next plan was. They started to do a small buybacks $68M last year, but they started to increase the SP (Demand increases prices). It's the nature of the Beast. So the next thing is to CONSOLIDATE the shares. It's easier for them to Buyback the shares in Bunches from the Market out there now. Whoever wants to sell either MM's, or good honest Shareholders, will have to sell in that CONSOLIDATED 25 to 1 new price. This Family has money. They own BRP as well. They sold a lot of BRP shares to build a war chest. They tried to outsmart the MM's but the MM's started to raise the SP to $2.26 recently. Just about the time you came to this Board. Now they'll even the profits from the BJ's division too if they can. They control this company. Sorry again, I have to go. Later
Luckyeleven wrote: Why would it be esasier for the family to buy shares say at 25 bucks instead of one. If the assumption is who will beleft will be tighter held that makes no sense. If they wanted to go private why havent they been buying up all the shares like PACMAN on the cheap. Yesterday volume was relatively light for the percentage drop in share price so where was this imaginary buying from the family? Higher revenues are great but at the bottom line is what counts which is higher profitability. This is goiing on here imo, great product, low margins, huge high paid workforce, inflation which takes costs higher which lowers margins even more nd higher interest rates. Overall this is not a viable business model in their debt position. Forget manipulation and shorters and all this nonsense and concentate on the actual numbers. Anyway should be another fun day here, last chance to bail for those ho want out befoe the split but looking at yesterdays volumes the bomber may surprise today and get some buying come in.