InvestorsHub Logo

mwn

Followers 0
Posts 17
Boards Moderated 0
Alias Born 09/29/2014

mwn

Re: marodq post# 7776

Saturday, 11/02/2019 8:27:12 PM

Saturday, November 02, 2019 8:27:12 PM

Post# of 7895
The only logical reason for a company to keep its share price down is if they want to buy back shares at a discounted price.(which they just did) They also benefit if they want to take the whole company private. Its easier for them to offer $2.00 for a share selling at $1.38 then $5.00 for shares selling at $4.00. Otherwise I cant figure out how it helps anyone to have such undervalued shares.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.