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Re: A deleted message

Thursday, 04/16/2009 1:16:29 PM

Thursday, April 16, 2009 1:16:29 PM

Post# of 41474
If this buy-back is for real, this stick will be held back at 0.0005 because the MMs make a living from the bid and ask spread, and the company will even want to buy these shares at 0.0001 coz it will cost less. From my pinkie experience, why would any one want to buy this thing at these high prices? Just watch, as soon as they engage this third party, the shares will tank all the way to 0.0001 because the company needs to spend less on the buyback. Otherwise this might be another way of selling shares on the buyback hype. I think this PR could be negative for the company. Smart companies do buy-backs on the market quietly and at the lowest prices possible and then issue a PR indicating the attractive new share-structure after the buyback. Time will tell though.

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