To me when you're in this end of the market, sentiment of the industry matters less. KAR is another one,.recently announced a buyback and it's still not going anywhere. When you have such a small MC, all it takes is one announcement to change things. If you're going to blame sentiment of the sector, then why invest in the sector. Sentiment could take years to change.
Ann: Quarterly Activity and Cashflow Report, page-120
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