Seeking Alpha
  • bullchin
    GTI The main driver behind many share buyback is accretive to earnings doesn't necessarily mean that it's creating value for shareholders.
    9/12/12
    Reply (8)
    • Arkeh Capital: Just remind me what short selling contributes to creating shareholder value? I do believe it is creating shareholder value if management ...
      9/12/12
    • Arkeh Capital: ... gets the abiltity to buyback at or below book value if company fundamentals are sound. GTI is well positioned.
      9/12/12
    • Arkeh Capital: sorry, opportunity not ability. I am obviously non native speaker
      9/12/12
    • bullchin: True statement being made by you. The prior buyback were at much higher price than your suggested Book value. Dec2011 and June 2012
      9/12/12
    • bullchin: therefore they spent more on losing investment?
      9/12/12
    • Arkeh Capital: What about closing your short and getting on the right side of the trade. The stock is cheap were it is.
      9/12/12
    • Arkeh Capital: Oh, I forgot, too little turnover due to lack of sellers
      9/12/12
    • bullchin: LOL. If i cover my short then stock will go down. It's expensive where it is with no estimated for 2013 therefore not a growth stock
      9/12/12
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