InvestorsHub Logo
Followers 30
Posts 5381
Boards Moderated 0
Alias Born 08/07/2003

Re: 0331 post# 7634

Wednesday, 08/03/2011 3:41:08 PM

Wednesday, August 03, 2011 3:41:08 PM

Post# of 15015
0331

Seems like a trend to me. Wonder what the size of the overall buy back is!!?? If they already have say 4Mil in the last three trading days can we say they are planning on a 10 to 15 mill buy back? if they average a million share a day from 8/1 to 8/15 that will be 15 mil and will coincide with the relesse of the 10K info sometime after 8/15. Or they may buy back more(probably). Hard to say. I would continue to look for major purchases in the next 10 days for confirmation of this theory. There is a lot of institutional shares held and they aren't going any place soon so the buy back is going after the float in an agressive way. WE will see in the next couple of weeks.

GLTY and GLTA

Take Care
David

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.