InvestorsHub Logo

zamoysky

04/30/14 8:59 AM

#54843 RE: Daytrader2013 #54834

TAKING OUT OF MARKET

RickNagra

04/30/14 9:05 AM

#54851 RE: Daytrader2013 #54834

The number of authorized shares is decreasing. Share price is market cap divided by outstanding shares. Since the denominator has been decreased the quotient will increase. Quite simple grade 4 math. Do you pass ?