InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,634.61
(
1.15%
)
US TECH 100
19,202.80
(
1.10%
)
Dow Jones
41,175.08
(
1.14%
)
Brent Oil
78.38
(
0.00%
)
Bitcoin
64,428.00
(
0.41%
)
Post# of 15015
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

keylo

Send PM Follow Ignore
Followers 10
Posts 865
Boards Moderated 0
Alias Born 02/14/2011

keylo

Re: None

Tuesday, 07/19/2011 2:09:01 PM

Tuesday, July 19, 2011 2:09:01 PM

Post# of 15015
The idea of the buyback is to reduce the amount of shares in the market. If they get them relatively cheap, sure it will keep the price down in the short term. It's about reducing the float...which decreases supply, increasing demand.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
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