Quote Originally Posted by Satiricalivory View Post
They're not buying back stock. They need more stock in the market to qualify for the S&P. That's a big reason they sold the shares.
Who gives a flying sh-t about the S&P if it screws over his investors in the process?? The S&P is secondary. He should be upholding the reputation of his company as primary by buying back stock and stabilizing the stock price.