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Re: no bucks post# 68062

Wednesday, 07/19/2017 1:22:23 AM

Wednesday, July 19, 2017 1:22:23 AM

Post# of 114698
'no bucks', w/your thoughts about buy back shares with some of the money...

public companies will let their employees buy stock at a slight discount (5% or so), but months in advance so that you don't have to worry about insider trading rules.

For example, you'll put in an order with your company for $xxxx of stock, but at a 5% discount of whatever the stock price is in 6 months. You won't receive the stock for 6 months, when the trade is then executed.

These open buying periods happen a couple of times a year.


This is set because most people have no information on material changes that would be happening in 6 months, but they may still want to invest in the company itself.

The average employee is just treating it as an investment, buying similar amounts each open period, rather than attempting to guess at the future position of the business based on their internal information.


*This, in my opinion, explains in part why Float has not been updated by Transfer Agent since Dec 19, 2016
(FLOAT:207,478,698 a/o Dec 19, 2016)

*Also about 40milly shares came off the O/S...before: 995,187,636 a/o Jun 15, 2017 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=132280319

now:957,160,059 a/o Jun 28, 2017 http://www.otcmarkets.com/stock/COHO/profile

is this a completed transaction on one of these open buying periods???
we will find out soon!

GO Orie

$COHO

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