CMG Holdings Group Inc (CMGO): Correct me if I'm wrong, because I'm not...

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CMG Holdings Group Inc (CMGO)

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Re: was FINRA post# 46504

Wednesday, 04/30/2014 3:51:19 PM

Wednesday, April 30, 2014 3:51:19 PM

Correct me if I'm wrong, because I'm not that familiar with stock buybacks, but I thought I heard on this or another message board that when companies do buybacks, they're only allowed to buy at the Bid (rather than slapping the Ask). Does anyone know if that's true or not? Assuming it is, then, I guess we could assume once we start seeing a large amount on the Bid, the company has begun buying back stock?

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