Share Buy Back, page-5

@Big Short

Those numbers are more realistic and it paints a very different picture to their claim it will be earnings per share accretive

Let's assume there is 240 trading days in a year, that is around $1.25M of stock a day being bought back, or around 25-30K shares

I've seen bots run this 80c-$1 on less than 5K shares when it is thin before ... so buying on average 25-30K a day will allow them to keep it propped, or at least slow the smashing of the SP

Here's my next prediction ... guys like K2 and others who are already short will just continue to dump into the pumps and volume generated by the buy back, then drop this on the floor when growth slows to 20%