Yah, that is kinda making people feel a little uncomfortable. I guess he was doing it so the price won't drop as bad as to come out and say no buy back. In any case, I have been in and out here few times and everytime losing money because I didn't sell when it pops because I was thinking it would pop more.
But I don't have much position in here ... looking to get some more when dust is settled. I think that when the buyback is done, PPS will move up hugely.
As I have said before that it seems to be the case for all the companies that I followed (bigh boards and otc/pinks) that during the buyback, price drops. After it's done it pops. :)