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balamidas

09/27/08 1:03 PM

#21867 RE: flyonawall #21862

i bet you have never heard about silent buying ;)

pontalba

09/27/08 1:09 PM

#21868 RE: flyonawall #21862

What is the CEO using for money to buy shares? The company has no revenue from operations.

He and a group may be doing some wash trading to try and prop up the price, and generate demand. That's not a buyback; it's illegal stock manipulation.