InvestorsHub Logo

TheRealMrPirate

03/23/18 4:12 PM

#39788 RE: evangelico #39786

Ya never know who's behind the buying. At this pps you could be very right $HAON

Shark Tank

03/23/18 4:31 PM

#39791 RE: evangelico #39786

Sooooo no proof. If what your saying is true then every POS stock down in this range is doing a share buyback ??? Misleading and makes no sense....

samroux

03/23/18 6:34 PM

#39795 RE: evangelico #39786

Is this to suggest that the company has bought back 2 billion shares? Yeah, that'd be impossible.

Per the rules, the maximum amount of shares the company could have purchased during the last 3 months is roughly 165 million shares.

Since the announcement of the buy back, the company has diluted over 2 billion shares.

Even IF they were buying back at the maximum allowable rate, dilution would exceed any buy back by 14 to 1.

The whole buy back thing is pure nonsense. It's just a pump tactic by the company to keep trader interest while debt converts out.

Orange Cassidy

03/23/18 7:30 PM

#39797 RE: evangelico #39786

Think about it the shares are almost worthless! Why would the company buy them back when they are selling?

MONEYBAGSCLAY

03/23/18 8:37 PM

#39800 RE: evangelico #39786

Ceo should be catching all the dilution I think that’s why this has been held down to buy as many shares as they can at a cheap price and I think when the right news pops they will let it go HAON