Posted On: 03/08/2014 8:25:01 AM
Post# of 56323
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It would cost $90,000.000 right now to buy back 1 billion shares. There would still be 2.5 billion shares still outstanding. Once this stock goes to a dollar a share they would need 1 billion dollars to buy the same amount of shares. Unless they have a plan to buy back soon FITX will never be able to even make a dent in the outstanding shares. I have seen it happen with SIRI. Their share buy back did nothing.
Hope Bill has a plan soon or it will be way too late.
Hope Bill has a plan soon or it will be way too late.
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