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No. of Recommendations: 0
Did everyone else sell this stock when I wasn't looking? Can't believe no one is talking about the end of the USPS postage reseller deal and the subsequent plummet of the stock price. I sort of understand why management felt it needed to do this. The long term growth story is in shipping. (Anyone know where I can find a break down of percentage of revenue that is shipping versus postage?). But to buy back stock 6 weeks before you drop this bomb makes me think management wanted to boost eps and earn a bonus or something. Giant waste of shareholder value that makes me question the competence and/or honesty of current C suite.
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