Company announces 8$ Million share repurchase and stock tanks?
Lton...the same old thing.. I have been following the Money flow and it has not gone to outflow for almost a year. Now on announcement of largest repurchase ever I bet it outflows and the price drops..just like today.
Hary may get to buy more back at 1$ how convenient.
Would you not think a large repurchase would have the opposite impact? I know it is only one day but this odd behavior looks familiar.