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otterman

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otterman

Re: None

Wednesday, 06/15/2005 3:13:40 PM

Wednesday, June 15, 2005 3:13:40 PM

Post# of 839
Nice day. This will pull back again, then buy buy buy. Remember these things about a share buyback.
1. The company is under no obligation to buy ANY shares back.
2. They choose the purchase price which can hold the price down during the buyback period.
3. Sometimes they do this just to prop up the price to dump more shares.
4. Where is the money coming from?

Be careful out there all.

He who smiles at lofty schemes, stems the tide of broken dreams.
R.Hodgson

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