Do you mean helping to support the stock's price above where it would be otherwise trading in this market, fonshengban? How is that in the best interests of long-term investors? Wouldn't you like to see the Company buyback more shares at an even lower price with its remaining authorized-cash?
Well they could use all their ammo, and then announce another $10 million buyback, if they love their prospects so much. But whats the real difference between $8 a share and 7 or 6?? I own 18k shares, and am wondering what is holding this down?? I dont believe the shorts are still sitting on top of this. All the supposedly bad news has been proven false, and their earnings are looking good going forward. Maybe management needs a shake-up??