Post by
BSdetector2016 on May 03, 2018 8:03am
Normal course issuer bid
Maypeters wrote: "It is not management's job to support the share price". Are you kidding me? They have a responsibility to shareholders to deliver results. Those results in turn cause the market to take notice and react accordingly. The 40-month slide down the razor blade clearly indicates inability to deliver results consistent with supporting share price. The economy is supposed to be booming and this thing keeps on sliding. What does that portend for the next downturn. It's time for another strategy.
Comment by
westcoast1000 on May 05, 2018 2:08pm
Excellent post by Capharnaum. Thanks! People misunderstand that this company can afford to have some files go wrong, given the overall returns. This is private equity. It is a good investment alternative, so long as you ignore the share price until it goes back up. WC
Comment by
westcoast1000 on May 05, 2018 2:09pm
BS dectector is on IGNORE. Much nicer.
Comment by
maypeters on May 05, 2018 6:43pm
If you you think the share price is ALWAYS indicative and reflective of how the company is performing then I have a bridge to sell in Brooklyn for you. if you don't like management sell the shares or short them.