You're making a big assumption that @rcman even has a margin...

You're making a big assumption that @rcman even has a margin loan ?

I don't and I am still in good profits here with my holdings that I intend to keep for the medium to long term based on fundamentals; however I still agree that the buy back should have commenced on the day they said it would even if it was only for a token amount of shares .... as it stands now it looks like they have no intention of buying shares at these prices - prices that they (Management) are quoted as saying are "undervalued" in their webcast ? If BIN is so undervalued management's instructions to GS should be to start buying shares IMO ... so BB has been poorly executed - again IMO !