basic economics
in response to
by
posted on
Jul 15, 2014 09:14AM
dash> ... buying millions of shares from whom? [...] approx. 40M shares outstanding, who will be selling? Not me, that's for sure.
exactly.
it's classic economics.
want to fulfill demand at a premium? reduce supply.
(this is called 'supply shock')
unit price goes up (even if demand is unchanged), in order to maintain equililbrium.
btw, you'll sell if the price is right; so would anybody.
GLTA,
R.
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