For those of you that don't have me on ignore I thought I would share something
positive for a change. GBE up 28% at close and 40% intraday. It has been cut
to about 30-40% of it's post merger price, they are doing a 25 million share
buyback (also did away with the dividend) The last 2 days have seen 10x normal
volume which means a couple things. They are buying back, or institutional
investors are getting in early cycle. I'd like to think both are driving this
but I can't tell. The Chairman has been buying hand over fist, and it's trading
below book value and will be a force IMO. I'm long at 5.75 and it's spec but
there is something going on here that could be worth a look. Happy Trading