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Re: Darksidedel12 post# 21620

Monday, 07/27/2020 2:27:50 PM

Monday, July 27, 2020 2:27:50 PM

Post# of 41921
Companies generally do not provide updates of the buyback in progress -- that would cause a spike in share price a reduce the effectiveness of the buyback. Generally one can expect to hear that the buyback was authorized, then later the company would issues a PR stating that it is complete and/or disclose it in an 8-K or other filing.

I agree with you that we are in "leap of faith" territory. Obviously I and others here believe that the company intends to live up to its public statements, whereas you appear not to -- fair enough to reach different conclusions. But I disagree that the absence of an update on the buyback is in and of itself condemning.