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Solo Guitar Moment: Van Larkins - Stomp

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iossarian5/16/2012 10:35:20 am PDT

re: #302 lawhawk

And the lower stock price resulting from the scandal will make the company’s stock repurchase program even more efficient […]

I’ve seen this argument already this morning. An honest question: presumably the opinion that the lower share price represents a “win” for JPM in terms of its share buy-back plans rests on the assumption that the price will recover, right? Or at least, aside from any liquidity constraints that might have hampered the program at the higher price?