News Focus
News Focus
Followers 171
Posts 34792
Boards Moderated 0
Alias Born 05/22/2006

Re: Rasica post# 19449

Wednesday, 02/04/2009 5:42:21 AM

Wednesday, February 04, 2009 5:42:21 AM

Post# of 29700
Here is the flaw in the buyback theory. If they are buying back then I see one of two problems

1. If their buying back then why is the rate barely moving which makes the buyback pump null and void considering it's doing squat for the strength

2. If they are buying back which is not effecting the rate then that must mean there are trillions and trillions of dinar out there making the 1 to 1.5 billion buyback miniscule.

Point in case, their suposedly buying back dinars that they flooded the market with. The dinar is not a stock, it's a currency. Until the dinar starts to really move due to this buyback. The buyback pump is weak and full of holes.

Simple's Green Room-FOREX Trading

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today