Hard to believe the index has fallen to below 2008 levels.

Surely this has been a big drag on our SP.

Would it not make sense to conserve cash and wait it out?

Apparently there has been some 'call the office' talk on the Carmax board where thier prsident is saying to investors that CF will be sending lots of our tax rebate their way... I hope this is false?

This market is truly in the toilet and I hope management can see this and hold off on any more spending until things improve...

Anything we spend on to prepare for sale will get nothing anyways in this market.

A company that is committed to holding onto it's cash reserves will hold its SP better than one that spends when there is no more coming to replace it.