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Re: sonofasailor post# 5859

Tuesday, 09/18/2007 1:22:24 PM

Tuesday, September 18, 2007 1:22:24 PM

Post# of 41960
Actually your math makes a huge incorrect assumption. There is no way that the company could buy back 150M shares with out the price going up. They wouldn't be able to buy back 1/5 that many shares. It depends of course on how slowly they approached it, but regardless they could hardly make a dent in the O/S with $1M.

Then when they were done it would crash all over again. It doesn't matter as I sincerely doubt they would do it in the first place.