InvestorsHub Logo
Followers 417
Posts 47442
Boards Moderated 0
Alias Born 12/04/2004

Re: None

Saturday, 03/19/2005 9:44:49 PM

Saturday, March 19, 2005 9:44:49 PM

Post# of 326396
Would someone be kind enough to answer a question about 'buy backs' and 'reverse splits'? I own several other stocks, most are blue chips, and the rest, besides NEOM, are utilities. I have never experienced a buy back or R/S. I have heard that a buy-back would be better, but quite frankly, I don't want either at this point. I have been working hard to accumulate shares, and don't want to loose any at this point. It seems to me that a buy back is not much better than a R/S. If NEOM 'buys' back shares, I'm sure it won't be for a huge amount per share?

Can someone please explain the difference, and what if any, are the chances that one, or the other would happen? (Jp answered the question of R/S, but what about the chance of buy-back?) And, how does a buy-back work?

Like I said, I hope neither one happens. I want to hold onto all my shares, and watch the price soar to $50.00 or more per share!


Any input would be greatly appreciated!


TIA



"No Hour Of Life Is Wasted That Is Spent In The Saddle"- Winston Churchill

"The outside of a horse is good for the inside of a man" (And Woman!)--Ronald Reagan


All of my posts are my opinion, only.