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Re: Speid post# 61990

Friday, 03/08/2019 2:22:27 PM

Friday, March 08, 2019 2:22:27 PM

Post# of 68548
They can't initiate a buyback under the Securities Law without actually announcing the buyback publicly. If they did do an undisclosed buyback, the management and directors would find themselves in a lot of trouble with the SEC. The SEC also frowns on buybacks of companies that are not current with their financial reporting.

Yesterday's volume can be as simple as two MM's swapping positions or somebody duping their shares for a tax loss.

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