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Re: adnetex post# 35510

Tuesday, 10/06/2009 10:29:34 AM

Tuesday, October 06, 2009 10:29:34 AM

Post# of 375420
A buyback is NOT engaged to drive the price up or down.

A buyback is engaged to buy shares AT THE BID or last PRICE

a lot of times once the buyback is well under way because there are less shares on the market, the price will usually rise

but the best buybacks are done discreetly and gently