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davidam

06/17/10 8:18 PM

#256 RE: skibum1 #255

They may not put too much big news out until they are done. I am settling in thinking in terms of the rest of the year and re evaluate at that time. I Plan on collecting more shares. I have seen stocks like this before they can bore you out of them. But all of a sudden one day they take off big and fast. I think that's what this will do. They are thinking NASDAQ here and for good reason. May be wise to wait for the NASDAQ run : )
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Adoni$74

06/17/10 8:32 PM

#257 RE: skibum1 #255

I dont think the company bought the 35,000 shares, it was the CEO, thats how I see it, they haven't begun buying back for the company at all yet.

I might be wrong, correct me if I am wrong skibum :)
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GoGo-KittyGrrl

06/18/10 8:57 AM

#259 RE: skibum1 #255

This doesn't count towards that $100,000 from the company. This is the CEO himself buying back common stock. The company cannot buy shares at the same time the CEO is, so if the company was doing it, they certainly halted the buyback for the CEO to get his cut.

This is an actual SEC rule.

Great news because it just means there will be more purchases :)