as far as i remember the MD recently bought at around 88c. to suggest that a buyback would result in a quick profit of 50 - 100% suggests a buyback price of the 135 - 175 range which a bit ambitous at this stage. but if u did believe it would occur around these levels then to suggest that this wouldn't be a motive for the MD buying is a bit strange, a return of that magnitude in a short period of time should be a reason for anyone on this planet to want to buy. and he did after all put his buying shoes on soon after he found out rivkin was getting near 5% of the company himself. i think a buyback is a major motive for his purchase, otherwise he would have done his buying before rivkin started his agenda.
SNX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
