michael from pickr

Where Have All the Buybacks Gone?

i think we might have reached a point in the market where companies see that even after issuing more shares and the share/dividend dilution that follows...still there is someone who will buy up those shares.....also.....un... you have a considerable amount.....how many individual shareholders do you know even bother to use their voting rights?.......it's a new market...generation y and z are far more lazy than x.


On Apr 11 11:16 AM Teutonic Knight wrote:

> Mad Hedge Fund Trader,
>
> To answer your question, in the extreme worst case scenario, and
> also in my humble opinion, one could look to CHTR and IDARQ.PK as
> potential examples.
>
> Both companies finally succumbed to Bankruptcies filings. In other
> words, they had to resort to that ultimate solution knowing that:
>
>
> 1) They do not have the financial means to buy back anything (drown
> in debt already);
>
> 2) Shareholders value has literally gone to ZERO - no need to buy
> back anything.
>
> A shudder runs through my spine as this Rude Awakening is indeed
> true.
>
> Teutonic
>
> On Apr 10 12:11 PM Mad Hedge Fund Trader wrote:

Where Have All the Buybacks Gone?

look further back in the sec filings...a director bought considerably more % of the outstanding something like 67%....though he's at a loss from where he got in....also fidelity picked up a position awhile bac.....i've taken some of my profits.....it's not a gain unless you take some off the table....7.8 Mil shares ain't that much when 652.8 Mil is the outstanding count. cheer up! new casino opening May 22nd.


On Apr 10 02:59 PM Blake Winston wrote:

> Anybody catch Sheldon Adelson, Chairman/CEO of Las Vegas Sands buy
> 7.8 million shares of his own stock two weeks ago? It's not exactly
> the same thing; however, in theory I supose it should insipre confidence
> in the entity as a going concern is the head hancho is buying that
> much stock.