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south-paw-2

09/19/10 8:14 AM

#15262 RE: Midwestrader #15261

Thanks. Just googled stock buyback and can see it is typically considered favorable and pps shoots up making it more expensive all the time. I do consider the # our colleague threw out there was arbitrary anyways. I do wish to know what others think of the implications. For now, I'm tapped out, just holding, waiting for the Nantucket Sleighride!
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fink

09/19/10 6:36 PM

#15351 RE: Midwestrader #15261

See amen to that. Thats what I posted too about a company buy back of shares. If they want shares they better hurry up. This may have just a few days to a week of basement shares.
News will explode thge desire to have some.
Its gonna cost and not what the company needs to waste resouirces on. Now if Mr Coats wants to buy back for his personal stack, then, I'm all for that. I lovce my CEOs to be very top heavy in shares, Not paychecks. I these boys are working cheap.
Part of the pie.