InvestorsHub Logo
icon url

zagdad

07/26/06 12:39 PM

#970 RE: DFLY #969

thedragonfly, to expect or even want a buy back for start-ups/small/emerging companies doesn't make much practical sense IMO. While it does show a belief in their company, they don't have $$ to do that and still succeed, there is already a struggle to get the $$ to operate and improve/survive in many cases. Cost of money for these firms is high priced in cost/dilution/predatory risk so why blow it buying back shares you already sold to raise funds for essentials and survivability. Nice idea but normally not a good or possible practice. We shouldn't be disappointed if there is no buy back IMO.

zagdad