Oil is up; Gte is downI don't know whos GTE is under control? Today crude bis uo over $2.00 and GTE is 1.5%. Where is the shareholder value in the purchasing share to nreduce the float? All I have seen is the share price fal,fall, fall, albiet the price of crude has come down some . But GTE has come down alot more.
The money used for buy back would have better served the shareholders as they asre going to issue more and more shares for the management ans associates themselves.
This is day time robbery!