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Re: Engineeer post# 17870

Friday, 07/27/2007 9:16:06 AM

Friday, July 27, 2007 9:16:06 AM

Post# of 38908
Just a shake. They have to get shares for the buyback and nobody wants to let loose. MM's creating a little fear IMO.

The company can't buy in the first half hour and the last half hour of trading. I think that is where the most game playing will take place until the buyback is complete.

The company can buy 25% of Average Daily Volume per day based on the last 4 weeks. That comes to around 14-17 MM shares a day they can get if they are being aggressive with their buying.