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Enterprising Investor

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Re: vpagano post# 21

Monday, 02/18/2013 2:28:30 PM

Monday, February 18, 2013 2:28:30 PM

Post# of 47
Buy backs are hugely information.

The future must look brighter.

In many cases, market prices react purely on the announcement, which makes it hard to buy shares cheaply. I like it when the company has authority to buy back shares, but prefer for management to purchase long term versus short term.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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