Feb. 2 at 11:44 PM
$HIMS
I was trying to figure out how low the price would have to go for me to be OK with them to do something drastic, like seeking outside capital again but specifically for buybacks.
I keep coming up with
$10. If the market imploded and we got down to
$10, management should seek out more capital and buy back at least 1/4 of the shares.
I would be interested at what price other long-term shareholders would be OK with them taking on debt for this purpose?