InvestorsHub Logo
Followers 13
Posts 3457
Boards Moderated 0
Alias Born 03/08/2012

Re: StefenL post# 61103

Wednesday, 10/29/2014 3:41:03 PM

Wednesday, October 29, 2014 3:41:03 PM

Post# of 232489
Stefen, there is no money for a stock buy back. More likely you will see a reverse split to reduce the sharecount, and raise the price however briefly. This is how general shareholders get washed out, insiders dump the annoying riff-raff, and then issue themselves new subscription rights. Wash, rinse, repeat.