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Re: DD14 post# 21924

Wednesday, 07/29/2020 1:28:26 PM

Wednesday, July 29, 2020 1:28:26 PM

Post# of 41921
If anyone involved in running the company wanted it to go down to 001, they wouldn’t have announced new customers/deliveries over the past week. It could certainly drop further but 001 would shock me since the last low was .0033. IMO, the announcements were designed to stimulate volume; although counter-productive to buyback goals in the short term (temporary higher price) it ensured that there’s still enough volume to execute the buyback, since the company doing the repurchasing (or anyone acting on its behalf) can only purchase 25% of volume on a given day.