Valcom Inc (fka VLCO)

[Sola Fide]

I was out for the last several hours of the market.
Looking at the tape I see 1.3 Million hit .003 in one group of blocks (13:23 - 13:25)...I assume that was the bid at the time (low of the day).

If the notion is that this is the company buying back shares, and if that isthe case, should one be pleased that the company is taking part in manipulation of the share price to get low cost shares?
IE..they instructed the broker to buy x amount @ x price point (low to current levels), what I would take issue with is...that they have said the share price was way undervalued (when it was much higher).

Don't know if that is the case...but it occurred to me, with these large orders at new lows the last several days.

Wouldn't sit right with me if that was the case.
Encourage folks to buy because of being so undervalued and then knock it down even lower for a buy back?