I agree with you that it seldom works well, because they usually do it for the wrong reasons. I posted that earlier. It just gets redundant posting the same thing over and over aGAIN. But, by itself, a RS does not reduce the investors value...it is mathematically the same before and after. There have also been cases where the pps went even further up after a RS. At any rate, I don't think there will be one unless this buy back program is a joke....and it doesn't appear to be. IMHO