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Re: mgland post# 7233

Thursday, 10/19/2017 2:20:31 PM

Thursday, October 19, 2017 2:20:31 PM

Post# of 13876
It seems repurchases are practically done on the bid So you were right. I apologize!

That could be a major reason why we are down and sliding along as oversold. I'm assuming once they file the form 4 it will be over.

This is what I found: Rule 10b-18

From the post:

Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted.

Volume: The issuer can't purchase more than 25% of the average daily volume.