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ncpti

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ncpti

Re: newtrader2007 post# 16354

Monday, 07/21/2008 7:07:38 PM

Monday, July 21, 2008 7:07:38 PM

Post# of 221875
New trader- the company is buying their own shares to retire them and take them off the records.

I think the other question you had was who is sell at .0001. The company can re-purchase share at the bid price. Therefore it looks like someone is selling but it is the company buying them to retire out of the O/S.

Information above may be speculative, based on mis-information, contain inaccurate data, be entirely tongue-in-cheek, depending on how much liquor I consume, how litigious and degree of stupidity / gullibility exhibited by the poster/reader I respond to.

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