does anyone know the status of the share buy-back plan. i thought several million more shares were authorized to be bought back? if so, at this level one would think this an opportune time for the company to take advantage. also, based strictly on the chart (which of course has relative meaning) it looks like apol should bounce back for a nice rally. looks like the shorts have taken a rest. no more high volume days with no movement. does anyone out there beleive this stock is in a good position for rebound?
On the Q1 conference call, they stated that there was $30MM left on the total $100MM authorized. They stated that they had been buying in December, which would eat away at the $30MM. They stated they might go over $100MM as well. Good news to me.