InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,554.25
(
0.20%
)
US TECH 100
18,971.20
(
-0.03%
)
Dow Jones
40,659.76
(
0.24%
)
Brent Oil
79.17
(
0.00%
)
Bitcoin
59,382.78
(
0.86%
)
Post# of 38585
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

greedy__malone

Send PM Follow Ignore
Followers 113
Posts 9592
Boards Moderated 2
Alias Born 09/05/2007

greedy__malone

Re: biko post# 19582

Friday, 11/26/2010 11:58:32 AM

Friday, November 26, 2010 11:58:32 AM

Post# of 38585
The company is not profitable and therefore can not buy back stock. To do so would require a financial obligation that they have no way of repaying other than through stock issuances which would be totally stupid considering they would be buying shares at market price and then issuing discounted shares to pay for them.

Last time I checked that means more shares would exist because of such a dumb plan.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up