Re: Stock Buybacks and Dividends
in response to
by
posted on
Feb 19, 2010 10:32AM
There are ways around those rules. TPL could buy the stock. DL or his associates could buy the stock. The board members could buy the stock. The trusts of some of the board members could buy the stock.
I agree with and understand your point. It's just that there are ways around most things. Of course none of those types of buys would put the stock into the company's coffers. It would dry up the float though.
And some one or some entity could offer the company a large block at a lump price or as part of a buy out or as part of a merger. Say Baroni bought up a few million shares or his company did. He could then use them as part of a deal. I think if some entity partners with PDSG, that entity is going to want to be on the board of PTSC and have some say in what goes on with PTSC. One good way would be to own a few million shares! Say just under 5%..... Just a few thoughts for what they're worth.