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Re: SJVB post# 82270

Friday, 06/21/2019 4:10:10 PM

Friday, June 21, 2019 4:10:10 PM

Post# of 138834
Meaning, for most stocks on the OTC which are very volatile and have low SUSTAINED volume (compared to an exchange with much more liquidity), a share buyback is often more just about the confidence it gives investors who turn around and buy more which raises the price, which will likely make it more difficult for the company to actually buy back a lot of shares and decrease the float by any sizable amount.