I think share buybacks are a mirage, like dividend
Post# of 4205
Posted On: 12/30/2014 1:00:49 PM
I think share buybacks are a mirage, like dividends were.
If they were really cash flow positive enough to do buybacks, they wouldn't need to do the fund offerings and fund raising like they mentioned in the latest Dec 23 letter paragraph 3.
Imo. Haven't seen any dd to show otherwise.
If they were really cash flow positive enough to do buybacks, they wouldn't need to do the fund offerings and fund raising like they mentioned in the latest Dec 23 letter paragraph 3.
Imo. Haven't seen any dd to show otherwise.
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