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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (86785)6/13/2024 2:12:44 PM
From: Sun Tzu  Read Replies (1) | Respond to of 97597
 
So Monday the 29th, when it had already rallied 100% off the lows, is when they started buying? Clearly ~80 and ~74 are levels that are being defended.

If they has started buying the day after it fell, I'd say they are now mostly out of money. But if they put a floor around 80 and only then began to buy, then they should still have plenty of cash (unless they are complete idiots and used it to pump it to 90).

The buyback certainly explains the unusual stock behavior. But it's hard to tell how well into the buyback they are.

Are there any SEC requirements for reporting stock buybacks?