Friday, May 23, 2014 3:36:40 PM
I hope everyone knows the shares bought by the company will soon be almost equal to dollar bills if that makes sense.
Meaning they will soon sell their shares back into the market causing a spike in price per share when they do.
1. shorten the float by, let's say, 68 million shares.
2. leaving the float at the remaining 100million shares belonging to us investors.
3. now the company will have something like 150 million shares of their own which they can resale for higher prices.
4. after the buyback program, the decreased float will cause a spike of about .03-.05.
5. the company can start selling to new investors for higher prices which can easily cause a spike of about .10-.20.
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