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  4. Hollund Industrial Marine Inc. (HIMR) Message Board

Psythe, in response to your call for a buyback aro

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Post# of 17862
Posted On: 02/21/2014 2:53:26 PM
Posted By: dano9008
Re: Psythe333 #12001
Psythe, in response to your call for a buyback around 10 billion you made on the other board, I agree and think it is evident Hollund agrees also. They referred to a two phase buyback and later said in response to a comment on FB that they hadn't said anything [substantive] about the second phase yet. So, I think the correct read is that the 2-5 billion buyback goal (pending what is realistic) only refers to the first phase buyback and that they intent to do more. The extent of the buyback will in part depend on the share price. So, either we go up (which is good) or we stay down and the potential extent of a buyback improves (which seems a better thing to me because the eventual upside is improved). I agree we should contact them about that, but I will do it like a pat on the back. This will take time, I'm watching it like a mole.


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