Tuesday, March 12, 2013 7:15:21 PM
now the only way that buying back shares will allow them to control the price action will be if the MM is instructed to do so..
the company can say...
"we want to buy back shares gradually not to increase pps to dramatically, but a nice walk up building investor confidence and stock value.. here is X amount of dollars for now have at it.. and if the stock runs up then fine let it run up but be there to catch it.. yadi yadi ya"
NO ONE knows the financial situation of the company or if they have excess to cash to buy back shares..
but like you said.. in the merger agreement it does mention volatility... i mean lets be honest.. how can a ceo sell his shares with volatility... as soon as that Form 3 or 4 whatever it is would come out then DROP wouldn't just be a elite runner upper ticker symbol it would become an adjective for that CEOs share price
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