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Re: stockdoc68 post# 899

Tuesday, 07/24/2012 8:30:52 AM

Tuesday, July 24, 2012 8:30:52 AM

Post# of 1711
Usually, most companies are not permitted to buy around earnings report date as the buyback window is closed for a short term.

Also the recent average volume (RAV) is used to determine how much a company is permitted to buy in a given day. Usually it is a small fraction of the RAV. However, I have also seen companies buy huge blocks in a day. So am not really sure how a buyback is actually carried out.

Stock looks very cheap at this price. Patience is the key.