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Author Topic: Pennys with buybacks happenin.
Worthos
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I was wondering if anyone knows any penny stocks that are buying back their stocks.
I know of 3
VRMD buying back 50 million, gonna have around 30m O/S when they're done. Profitable and planning on moving to the AMEX

QBID I dont know how many they buyin back

CTKH buying back 500 million shares and profitable.


Posts: 21 | From: chalmette | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
BobTheSlob
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RNKE has a buyback planned (about $2 million earmarked) from the sale of a bond. Bond should be done sometime this month.
Posts: 85 | From: Pendleton, OR USA | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
jwlipa@earthlink.net
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PRIM & OMOG
Posts: 51 | From: hayden, al | Registered: Nov 2003  |  IP: Logged | Report this post to a Moderator
emunahstock
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I get scared with buybacks as I have been seeing the stocks drop during and then all the investors get scared and it never ends up going up.

That is my experience!


Posts: 973 | From: usa | Registered: Aug 2003  |  IP: Logged | Report this post to a Moderator
Worthos
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Yeah i watched VRMD try to spike when they announced the buyback, then watched it tank over the next 1 an a half weeks or so. Seemed very odd. Then watched it recover last thursday. Guess those MM's need to cover their naked shorts. I blame MM's for everything, (got aids? blame the MM's)

Laters
MIke


Posts: 21 | From: chalmette | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
   

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