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richard the Realtor

11/20/09 3:03 PM

#43207 RE: Johnny4profits #43206

It's just the name of the game in the pinks. Sometimes no rhyme nor any reason.
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Trav G

11/20/09 3:17 PM

#43211 RE: Johnny4profits #43206

Right now I dont think the company would have the funds for a buyback without LTF as they have loans to make and workers to pay
If they were ramped up to full capacity that would make sense to me
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shiznit013

11/20/09 3:20 PM

#43212 RE: Johnny4profits #43206

For the life of me, I can't figure out how the company could organize such a buyback. They have to buyback hundreds of millions, if not billions of shares. Any significant volume should send the stock price up, and indicate to us that a buyback is in progress. I doubt many will be willing to let their shares go for a loss, especially if they catch wind of the buyback.