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Re: DFLY post# 969

Wednesday, 07/26/2006 12:39:38 PM

Wednesday, July 26, 2006 12:39:38 PM

Post# of 131532
thedragonfly, to expect or even want a buy back for start-ups/small/emerging companies doesn't make much practical sense IMO. While it does show a belief in their company, they don't have $$ to do that and still succeed, there is already a struggle to get the $$ to operate and improve/survive in many cases. Cost of money for these firms is high priced in cost/dilution/predatory risk so why blow it buying back shares you already sold to raise funds for essentials and survivability. Nice idea but normally not a good or possible practice. We shouldn't be disappointed if there is no buy back IMO.

zagdad