SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : AVIGEN(avgn)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: adam hefian who wrote (114)12/4/1997 7:47:00 AM
From: Tom M  Read Replies (1) of 228
 
Hi Adam,

I'd like you to ask about a stock buyback program. I'd like to know why they don't think it a good investment of their cash to buy shares say below $4 which would be at a significant discount to their "fair" market IPO price of $11. What kind of message do they think that sends (rhetorical question)? I think the report showed the # of shares increased by about 30,000 last year. With this low trading volume on the stock, even if they bought 1000 shares back every couple days at the current ask, it would help. They at the very least should buy back the number of shares they diluted.

thanks in advance,
Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News