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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?


To: bigchad who wrote (3943)8/26/2018 5:07:49 PM
From: deepsee2 Recommendations

Recommended By
bigchad
toastr

  Read Replies (1) | Respond to of 4827
 
Since that's an average, WDC probably did buy some shares for less than that price--and some for more, of course. And the stock wasn't in the low 60's very long either. Tough to pick the bottom--unless you're SA, and he/she gets to discard his incorrect picks. A mulligan, so to speak. The important thing is, WDC has been buying since the low 80's, and buying a fair amount. This was not an empty authorization, as many are. They seem to believe that the stock really is undervalued. At some point, if the bull thesis is correct, the selling will be over. And then...