Wednesday, August 15, 2012 3:21:20 PM
The only thing it's proof of is that the TA hasn't sent a new cert to CEDE & Co. yet, reflecting the buyback. Since it seems like everyone working at the company has been out to lunch for the last quarter, I'm guessing it's because the company hasn't yet instructed the TA to do so. Also, when a company is doing an open ended buy back like has been claimed here, they don't have the TA cut a new cert every time they buy some shares. This is basic market 101 stuff, which seems to be pushed aside in preference of naked shorting conspiracy theories.
FEATURED CBD Life Sciences, Inc. (CBDL) Reaches Unprecedented Heights With Explosive Growth and Strategic Expansion in 2024 • Oct 8, 2024 8:00 AM
BNCM COMPLETES MERGER WITH DELEX HEALTHCARE • BNCM • Oct 8, 2024 9:54 AM
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM