Just couple of points
- WEB continues to sell stocks, and raise cash
- WEB stopped stock buyback
I don’t know what to make of this. They are not saying anything about it, but relentless selling is making you wonder…
The stock is down $12.6 or 2.78%. Berkshire saying suspending buyback and until buffett sees value is not helping.
Sold couple of Jan 16 $300 Puts.