posted
Obviously, if this stock is going to go anywhere soon, there are going to have to be some buybacks. It would be impossible for this stock to reach a significant amount with it's current volume.
Can anyone really explain the process of how the company will buy back the stocks or at least direct me to where I can read about it? Thanks alot.
posted
The PR is all we REALLY khow about the buyback. You can almost gaurantee that the stock price won't go up till the buyback is done. MM's will work this in the favor of TTN. It will be in our favor in the long run if it stays down longer so they can buy back more. In the PR Frank stated that he will issue another PR with further details of the amount of the buyback. If he buys back alot then we will prosper. (IMO at least 1-2+ billion would have to be bought and retired to help).
That's not the question though. It's HOW are they going to do it? How does one just "buyback" it's stocks and compensate the holder for it? I'm just wondering how this all works....
posted
YOUR STOCK BUYBACK WORKS NO DIFFERENT THAN WHEN YOU BUY YOUR STOCK AND SOMEONE SELLS.
MOST LIKELY, QBID WILL ANNOUNCE THEY WILL BUY AT A CERTAIN PRICE FOR THAT DAY/WEEK/ETC.
ALL ORDERS WITH WHAT-EVER CAP THEY STATE WILL FILL IMMEDIATELY WITHOUT RESISTANCE.
THEY CAN TAKE THE UNUSUAL MEASURE AND HAVE CURRENT STOCKHOLDERS MAIL IN AFFIDAVITS AS WELL AS STOCK CERTIFICATES AND ISSUE CHECKS. NOT USUALLY THE WAY IT HAPPENS, BUT THEY CAN DO IT THAT WAY.
posted
The usual reason for a stock buy back is that the company thinks that the stock is under valued and they will improve their position if the own more of it at least thats how it works with the larger cap stocks, I am new to penny's so if I'm wrong please correct me the buy back generaly makes a stock start on a run since it shows that the company has confidence that they price will rise.
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posted
Buying back stock makes the out standing shares worth more. Theoretically.
If you start with 100 shares trading at 100.00 and the company buys back 50 of the out standing shares then the 50 left should be worth 200.00 each. Theoretically.
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They can't force you to sell in a buyback. They buy on the open market buying back from those willing to sell, just like any of us would buy stock.
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I don't have the data set in front of me to cite references--but one of my grandads tole me a long time ago that he had bought stock in Ted Turners First Public Co. Ted Bought back all the stock in a forced buyback--I assume it was voted on by shareholder's--grandad didn't like it-- and you know the Ted Turner Story--vote your shares if you are an investor--i had stock in companies after the bubble popped in 2000 -01 that were steals from the overall market collapse and got bought back or sold out for cash--i didn't win with my little votes- there is more than one type of buyback-------------
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quote:Originally posted by supermandwc: someone told me that you have to sell back your shares to the company if they are buying back? thats not true is it?
What the MMs really do is that they shake innocent investors like us to sell our shares so they can buy it at a lower cost, usually we panic sell & take a loss most of the time...
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