At these depressed share prices, I'm surprised the company doesn't sneak in and just gently pick off the low hanging fruit. Put in a few million share buys during the week at the bid, and see if the fish are biting. If they could snag 4 or 5 million shares a week at the bid, without the market catching wind, it might make a nice dent in the float over time. One semi load a day going toward share reduction, would buy a million+ shares a day at these depressed prices. Even if they only pick up 10 million shares a month it is still better than paying a nickel for them later this year when all the pups are out of the bag! LOL!.. Later kids.. I just found out the tax man has taken a liking to my posterior.. not good... LOL!
Posted On: 04/17/2012 1:17:56 PM
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