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stockinvestor01

01/28/10 10:53 AM

#75881 RE: Sparce #75874

I agree with that. As I've previously stated, I'm not particularly interested in the buyback, I don't think it'll have a major effect on the stock price one way or another. The reason I got into this stock is because of the potential after the acquisitions.

I personally believe all the talk about buyback is not really relevant to stock price. If they buyback 20%, great, if not, I don't particularly mind.
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c7bk

01/28/10 11:25 AM

#75906 RE: Sparce #75874

Buying back shares is still a buy and there is absoltely no way they could buyback 150M shares without causing the share price to go up. And contrary to what some here think, these 5k buys are not the company imo. And there is no way the company is surpressing the price to be able to get cheapies either. Hogwash!

From a valuation point, reducing the O/S by 20% raises the value of our shares 20%. (same result for google and any other company for that matter) And I guarantee you a 20% reduction in O/S will cause an even higher percentage reduction in the float for Quasar. And the smaller the float, the easier this thing will move on buying pressure.

"Hence, weak hands get nervous when they hear a preponderance of people talking smack every day." This is exactly what your seeing right now. Why do you think there are so many people on Ihub talking smack? Because they know this and are flipping.

I'll say it again, when funding is in hand we will know it from a huge surge in volume and price.