Replies to post #33311 on Protective Capital Structures Corp. (fka PCSO)

[Stock Packer]

Exactly if a buyback was going on the PPS would increase not stay stagnanat like is being posted. Its pretty obvious that the company was definatley selling in the days after the news or else there would have been a much higher increase in price. Interest seems to be falling off here with under 100 million in volume today.

[super_penny]

in Pinki land the company may not be disclosing every thing , so we dont know know if the buy back is going on . I would assume as every one wants it cheap , the company also wants it cheap if its buyback so they can dump at a higher price. So all these 0002 may be a buy back .

[heelsgo1]

Of course this is the same guy that said sub-pennies don't ever do buy backs. Tell that to the EESO and EXPT CEOs who both announced such a buy back this month. Two in the same month. Hmmmmm. READ BELOW:

Posted by: Frogg
In reply to: Stock Packer who wrote msg# 33306 Date:3/10/2008 2:02:26 PM
Post #of 52783

Stock Packer, I agree. There's no buyback going on. If there were, the PPS should be rising, assuming they have bought back any significant percentage of shares. I think if anything, they're still dumping.

Subpenny stocks simply don't do buybacks. Haven't seen one yet do it, though many imply they will consider one or will do one.