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fishhunter

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fishhunter

Re: billpr post# 40291

Saturday, 01/07/2017 3:16:27 PM

Saturday, January 07, 2017 3:16:27 PM

Post# of 53784
$1mil even deployed at a $4 share price is 250,000 shares. With VTSI that is 20 days or about 1 month of full volume. But consider it necessarily has to be spread out so as not to violate the % of daily revenue rules and it really is enough to fully support the stock for the better part of a year. But the value of a buyback is more than that. The value is in reducing the total number of outstanding shares and increasing EPS and company market cap. It works beautifully when done correctly.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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