Exxe Group Inc (AXXA)

[davied25]

To an extent, yes. Of course it shows the company cares about its investors. But as many here have said, "don't trip over a dollar to pick up a nickel." $1 million dollars in retained earnings can do a whole lot for this high-growth company right now. Dont get me wrong, I'm pro-buy backs for sure, especially if it helps us bust through manipulation and head toward fair value. But I'm almost certain the actual number of shares EXXE can and will buy back is far, far less than 25% of the float (60 mil). There's a tipping point where it just won't make business or financial sense for the company, and I'm suggesting it probably won't take very long to get there when an official buyback starts.