Something had to be leaked. Huge drop.
11 replies (most recent on top)
The stock is fairly stable over the last 30 days. Holding at low 20's
Down from it's near $40 peak when Mark++ was sacked and he sold all his shares at top value.
@d1 we sure are, Baghdad Bob
@dp investors and the market are one and the same
@aw Investors love stock buybacks, but the market hates them. Inflates the share price without any real increase in company performance. And in OT's case, it's burning down our available cash, just to pump up the share price.
Problem is, as soon as the buyback increases the price, the people who can cash in on it sell and we're right back to the price before the most recent buyback transaction.
@cx we are hiring and have returned to growth
We need all our people and business units for the growth ahead
The markets are following and agreeing with us
@ap why are we still down 50%?
@b0 yes Baghdad Bob, as long as you believe it
Wouldn't call it huge
Because we are hiring and returning to growth.
OT share buyback
Most of the market dropped today, we're just back to where we started on Monday before that big 6% run.