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Message: dividend annoucements

Re: dividend annoucements-gocougs

posted on Oct 25, 2007 09:41AM

Although I know what you are trying to say, these numbers are unrealistic as 'anyone' who tries to buy 100MM shares will not get them all below .25.

 

Sometimes the mere announcement that a company will be looking to buy back its shares is sufficient to raise the pps...

 

I would not feel the company's best investment would be to buy back shares... this is cash that can be better suited for product enhancement / R+D / pay down debt, marketing, etc.

 

As we discussed yesterday, it would not take much from the net of the settlements - when (if) they do come - to have cash equivalent of even .30 per share...

And when (if) that day comes, and EDIG is still trading at .18, I'll be happy to buy shares of a company at .18 that has CASH of .30 per share. But I doubt I will be able to do so at .18.

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