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Re: None

Saturday, 01/02/2010 1:34:30 PM

Saturday, January 02, 2010 1:34:30 PM

Post# of 375420
This very well could be the company buying shares. I know there are all kinds of rules that regulate how many shares they can buy, but there are also exceptions to all of those rules. Here is a link if anyone is interested in reading them.

http://www.sec.gov/rules/final/33-8335.pdf

Also one that has been talked about quite a bit is the 25% of ADTV rule. But there are also exceptions to that rule. Here is a short copy from the rules about that.

Under the current volume condition,
an issuer may effect daily purchases in
an amount up to 25% of the ADTV in
its shares (the ‘‘25% volume
limitation’’).20 However, the current
25% volume limitation does not include
an issuer’s block purchases. Moreover,
an issuer’s block purchases are not
included in determining a security’s
four-week ADTV under the Rule.21 The
current Rule defines a ‘‘block’’ as a
quantity of stock that either: (i) Has a
purchase price of $200,000 or more; or
(ii) is at least 5,000 shares and has a
purchase price of at least $50,000; or
(iii) is at least 20 round lots of the
security and totals 150 percent or more
of the trading volume for that security
or, in the event that trading volume data
are unavailable, is at least 20 round lots
of the security and totals at least onetenth
of one percent (.001) of the
outstanding shares of the security,
exclusive of any shares owned by any
affiliate.22
The definition also provides that a
block does not include any amount a
broker or dealer, acting for its own
account, has accumulated for the
purpose of selling to the issuer, if the
issuer knows or has reason to know that
such amount was accumulated for such
purpose. The definition also excludes
any amount that a broker or dealer has
sold short to the issuer, if the issuer
knows or has reason to know that the
sale was a short sale.23