12-20-2014, 08:36 AM
I should add that in your message to them be sure to say: (if you agree)
A BLOG ENTRY ON MONDAY explaining the flawed rationale, is unacceptable, it needs to be terminated at this time and a buyback needs to be enacted. Full stop, end of story. I suspect they are going to write some stupid blog explaining this and explaining that, that will only cause more of a sell-off.
There is a precedent for companies to listen to shareholders and change their decisions, it happens, and this time, it's irrefutable that all shareholders view the correct pathway forward through a comprehensive buyback, and then once they restore credibility they can do a spin-off. You all know a spin-off of this kind takes time, therefore we are dead in the water in a blackout period that will be over 1 yr when all is said and done. This management team needs to feel our wrath and needs to put an end to this stupidity once and for all!
A BLOG ENTRY ON MONDAY explaining the flawed rationale, is unacceptable, it needs to be terminated at this time and a buyback needs to be enacted. Full stop, end of story. I suspect they are going to write some stupid blog explaining this and explaining that, that will only cause more of a sell-off.
There is a precedent for companies to listen to shareholders and change their decisions, it happens, and this time, it's irrefutable that all shareholders view the correct pathway forward through a comprehensive buyback, and then once they restore credibility they can do a spin-off. You all know a spin-off of this kind takes time, therefore we are dead in the water in a blackout period that will be over 1 yr when all is said and done. This management team needs to feel our wrath and needs to put an end to this stupidity once and for all!