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Re: Lexi2vic post# 7235

Thursday, 10/19/2017 4:50:16 PM

Thursday, October 19, 2017 4:50:16 PM

Post# of 13900
So Maybe the SP is being Fixed where as the Company gets in at a low price but the Shareholders take a beating. Does this sound accurate !

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.