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Re: brooklyn13 post# 2839

Tuesday, 04/30/2013 11:25:23 AM

Tuesday, April 30, 2013 11:25:23 AM

Post# of 15276
"Not gonna happen - they have to finish the re-purchase at $1 or under before any big announcement will be made."

Another one of your statements that has no basis in fact or logic. It is actually contrary to the facts of what has happened regarding repurchases so far.

It is obvious that they announced the repurchase primarily to stem the price drop from $1 to .60. They have shown very little interest in actually buying shares, especially with a cost of over .65.

As of the last earnings report Destiny had repurchased 157,000 at an average of .64.

The repurchase announcement accomplished its purpose. They certainly are not going to hold up on making big deals or big announcements in order to buy shares they don't seem to want to buy.


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