Yes and no, they been trying to pay up the bank debt and reduce expose to debt, buy back doesnt make sense in this enviroment. With credit crunch on the way, for company survival, need to keep as much as in the company as possible. I like the CEO confident, however time will tell. Solomont Lew was very confident when putting down his 100mil investment into this company not long ago.
MYR Price at posting:
25.0¢ Sentiment: Sell Disclosure: Not Held
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