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Re: yeag1717 post# 1999

Friday, 06/27/2014 12:41:21 AM

Friday, June 27, 2014 12:41:21 AM

Post# of 62121
The shares they are authorized to buy had a one year deadline, as far as I remember. That means they have that price locked in even if the price drives way higher. Generally deals like that are executed on when the price is above their fixed in price, and they are under no obligation to buy them. However they do hint at the fact that those execs believe the price will go that high or higher.
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