Odd that ANF really did not buy back many shares the past few years, while the stock price was depressed. I suppose there was so much uncertainty that the prudent thing to do was to hang on to the cash, and cut cap ex. But now it has $8/share cash according to Yahoo (haven't verified).Think I am going to sell 10-20% or so this week, and otherwise hang in there. Interested to see whether profits take a hit with all the discounting ANF has reportedly been doing. Also, I know ANF always goes heavy on the stock options, but hardly any insider selling even with this huge run up.
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