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Re: q8investor post# 33358

Thursday, 11/12/2009 2:30:28 AM

Thursday, November 12, 2009 2:30:28 AM

Post# of 42625
Sorry to disagree q8! But companies are only allowed to buyback 10% of the daily volume.......because otherwise they would be influencing the stock price......and that´s SEC law!!!!

Just imagine........a low volume day on a huge float.......and suddenly the company starts buying back and sends the PPS to moon........EASY isn´t it?

So you never ever know when a company is buying back....unless some insider info leaks or a PR comes out saying so!