Replies to post #82610 on Rightsmile, Inc. (RIGH)

[lemon]

What funds does Angel have to accelerate the buyback? Seems like more folks selling than Angel buying today.

[stemcell]

You can't be serious.

My thoughts on the RIGH volume...
IT IS called a RIGH accelerated repurchase plan! wink

Screwing with the laws of the universe when making that statement, if "anyone" had just "bought" 500 million shares the PPS would easily be at .0004 or .0005

What Happens When a Company Buys Back Stock?
by Cam Merritt, Demand Media
Companies of all sizes buy back their own stock for a number of reasons, such as to try to pump up the share price or to insulate the company from the possibility of a hostile takeover. When a company repurchases stock, it can affect the value of the remaining outstanding shares, the payment of dividends and even control of the company itself.

Price
A stock buyback often leads to an increase in the price of the company's shares. The basic principles of supply and demand suggest that if you reduce the supply of something while demand remains unchanged, the price will naturally rise. Also, after a buyback, the value of the company is spread over fewer available shares, so each outstanding share represents a bigger piece of ownership, and therefore is worth more. This price effect is a big reason why buybacks are usually popular with stockholders: Even those who don't sell their shares back to the company will benefit because it will make their shares more valuable.

anyone feel their shares are "more valuable" now?

[Tryn2getAhead]

Burn you were right. Nice dd a usual!
$budgenius$