Replies to post #17037 on Alternus Energy Inc. (fka ALTND)

[NWTrades]

The idea of a buy back is to make stock harder to manipulate and stabilize and hopefully increase the share price. If WDAS management were waiting for the whole thing to fall as low as possible, that would be like shooting themselves in a foot. They obviously won't go all out to drive the price as high as they can and then buy, but driving it considerably lower doesn't make much sense either.
I talked to the Investor Relations yesterday and WDAS management isn't happy about the share price and all the "activities" as it was put around the stock. They are currently figuring out what's the best way to deal with that.
Sean (IR guy) is traveling currently - I'll call him on Tursday to talk about the float size. He was out at the time I caught him and getting any numbers in that situation wouldn't have been a good idea.

[Btown]

It has absolutely nothing at all to do with Fabio! Are you kidding me lol! Look at everything they are doing here! Not one negative thing! Look at all the PR's with the awesome news and revenues! It's the volume here Fabio or WDA$! They could care less about buying at 2 versus .02 they have the money! They announced the buy back to raise the PPS, then 2 days later PR again announcing over another 1 million in revenues and projected them having over 7 million in profits just In power clouds earnings and went on to say there
Will be more revenue with the other license agreements! Then stated we are not a typical penny stock and basically people aren't getting it threw they're heads and the PPS shouldn't be this low! Go read every single PR they are all positive! They are not
Driving the price down are want it this low just to buy the float down at a lower price, they have millions to do that! It's the volume people nothing else that's it! And when u have no volume they can manipulate the price very easily and we are seeing that! C'mon have some faith! This will go up know what you hold try and flip something else in the mean time! IMO when we become current then you will see bigger $ come in which is
Right around the corner!