I'm not too involved here but am a believer in FNC's properties. Waiting for something to change before I get too invested in this black hole.

I will say that if a company can't find anything better to do with their money other than buy back their own shares, then they probably have some serious problems.

I say that, and in the same breath agree that they might as well buy back their own shares....because I do think they have some serious problems.

They should probably cast a line to a bonafide CEO and issue some options before they do this though, but that might drive the price up right there.

The only hope I see is someone of influence accumulating at these prices and demanding change.