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Re: fiveteenthirty post# 43243

Friday, 04/27/2018 5:21:07 PM

Friday, April 27, 2018 5:21:07 PM

Post# of 65765
I couldn't help myself... I read your post, and now I can't help but reply. Can you explain how it would make the slightest bit of sense for a company to issue shares at $0.60 cents and $1.18... then buy them back at higher prices!? A share buyback would only make sense if they had nothing better to do with the capital (and that's not the case here - they have acquisitions to make that would return more to the shareholders, and if the shares were trading at a deep discount... sorry, I don't buy that theory.