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Re: awesome1_in_cc post# 21421

Tuesday, 06/22/2010 11:55:58 AM

Tuesday, June 22, 2010 11:55:58 AM

Post# of 93371
exactly this whole buy back nonsense was started at the board, nowhere else. Bt the way a buy back is much better than a reverse/split. in a reverse split we have less shares but the same portfolio value. In a buy back our shares increase in value because the shares retired were purchased in the open market. Also in a reverse split what happens right after is a dive in the PPS. It's easier to sell when the PPS is higher and you have to sell less shares.