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hckyguy

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hckyguy

Re: montello2000 post# 101768

Thursday, 10/25/2012 10:27:02 PM

Thursday, October 25, 2012 10:27:02 PM

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A company can't do a share buyback unless they are cash-flow positive. Additionally, they cannot buy back shares unless all material events to date of the buyback have been disclosed to the public. Announcing their intention in advance to buyback PCFG shares is a requirement per the SEC I wouldn't read any more into it than that.
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