Has anyone called Angus to find out why they are not doing a buyback at these prices?? I am curious as to their reasoning. I thought I was value investing by buying this stock on a pullback. This always happens, stocks go up much further than anyone could have dreamed, and ditto on the downside. Hard to believe on October 24 th around 9:30, this stock hit 30. Now look at it. Unbelievable. The only good news is that the fundamentals SEEM unchanged, although it seems as if everyone is waiting for the other shoe to drop on this one. I would be certain it would drop, but there has been virtually no insider selling of any significance, up to even the last week, acording to InsiderTrader.com.
Do you think the A team ever get togther after work and talk about the stock over a beer? I would love to hear that conversation. They need to come out hitting, but at this point, if they haven't done anything yet, it is doubtful that they will do anything out of the ordinary to try and corral those shorts.
Steve |
