InvestorsHub Logo
Followers 4
Posts 438
Boards Moderated 0
Alias Born 07/19/2019

Re: None

Wednesday, 10/30/2019 9:30:04 AM

Wednesday, October 30, 2019 9:30:04 AM

Post# of 42618
1.2 Million dollars for Buyback.

Its funny see people freak out at these levels. We know the settlement earlier this year puts 1.2 million dollars aside for buyback. settlement money takes 4-6 weeks to get so they must have that money.

At these levels they could buy back tons of the float, return the shares to the treasury and then when the price corrects they could sell shares higher. Simple and easy. Shoot they may have already bought back 100's of millions of shares and are possibly in the process of disclosing this information soon.

They have 30 days they could buy back shares before they have to report it. I would hate to be on the short side of this bad boy as your life could be ruined over night here.