Sure - and I admit that I do see value in that process - but perhaps that would have been more suitable at a time when the market isn't awaiting more positive news?
Maybe, just maybe, it is because management know what is coming ("you don't know what we know" as PC put it) and figure that whatever damage is done to the SP, it will only be for the short-term.
I'm crossing every part of my being in the hope that SH's are going to be rewarded soon. Unfortunately, judging by the continuous dumping we're seeing today, I figure that many large LTH's have had enough and are willing to cut their losses and move on.
Will we see 1.0c today?
Ann: IAM - Top 20 Report, page-62
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