Seeking Alpha

NILE
  Blue Nile, Inc. - NASDAQ

11/23/2014, 5:43 PM ET
  • Valuable Insights | Send Message 15 Feb 2012

    Why is $NILE buying back stock? To prop the stock? I love buybacks, but it's dilutive. Come on $AAPL, your turn.
    Reply (14)
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    • Valuable Insights | Send Message 15 Feb 2012
      : Albino, glad you trade the paper, hope it's working for you. Takes an asinine mgmt to buy back stock that reduces EPS (that better for you?)
    • talbano | Send Message 15 Feb 2012
      : NOt sure how reducing the share count reduces EPS but I rent so it really doesn't matter - I think AMZN should buy them personally
      NILE vs. ETF Alternatives
      Company Description
      Blue Nile Inc is an online retailer of high-quality diamonds and fine jewelry such as engagement and non-engagement products. It offers its products for sale through its website in over 40 countries and territories throughout the world.