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TheExpertHimself

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TheExpertHimself

Re: None

Tuesday, 11/25/2014 2:48:53 PM

Tuesday, November 25, 2014 2:48:53 PM

Post# of 80867
stock buybacks are for established companies that got too much cash...it's an alternative to dividends.

Musclepharm cannot afford buying back stocks...and doing so sends a bad message....

Even if the stock is thought to be 30% undervalued, it just isn't worth buying back stocks until Musclepharm's financial situation is better. It's going in circles...as issuing new stocks to Phillip Frost and others would have to be a discount.

I don't understand how anybody can be that stupid with CEO as job title.
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