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Why is a Strike Quite Possible?
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<blockquote data-quote="DMW" data-source="post: 5531590" data-attributes="member: 105507"><p>The main reason management would buy more stock is because of the historical returns as a private company. Example 4 :1 split in1982 $8.50 By 1991 the price was $62 4:1 split, new price $15.50. By 1999 $51 then 2:1 split. I believed it closed that day around 67. Then public . No more partners only shareholders. The management these days will be lucky to accumulate 1000 shares in 25 years.</p></blockquote><p></p>
[QUOTE="DMW, post: 5531590, member: 105507"] The main reason management would buy more stock is because of the historical returns as a private company. Example 4 :1 split in1982 $8.50 By 1991 the price was $62 4:1 split, new price $15.50. By 1999 $51 then 2:1 split. I believed it closed that day around 67. Then public . No more partners only shareholders. The management these days will be lucky to accumulate 1000 shares in 25 years. [/QUOTE]
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Why is a Strike Quite Possible?
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