Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: ANALYST10 who wrote (15377)	6/24/1998 3:23:00 AM
From: Spytrdr	Respond to of 50264

you should know better... that's what usually happens with buybacks, even with the most respected S&P500 companies. the mere announcement of stock buybacks sends stocks rocketing, investors love stock buybacks, and that itself makes the buyback unnecesary. what happened with the stock buyback IBM announced a while ago? etc etc, you can pick your example. many many companies announce buybacks they never finally accomplish, or they do in very long time frames, which makes them irrelevant. i don't know if DGIV finally bought back some shares, probably they didn't, because it wasn't necessary judging by the stock's performance during that period. it may be necessary now, however, because some of you have managed to shake investors' confidence on no ground. in any case, i don't care, i'm a businessman, i hire stupid accountants to do those boring jobs for me. oh by the way, THANK YOU, you have provided me with some excellent trading opportunities, we were badly needing some action in this stock. the rebound will be so awesome. ___ If they bought the shares 1. Where's the filing (there isn't any) 2. Where did the money come from (there isn't any) 3. Call the transfer agent and ask if they redeemed shares back to the treasury on behalf of the company.