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Skullcandy, Inc. Message Board

  • jaguss88 jaguss88 May 6, 2013 12:17 PM Flag

    SkullCandy $28 Million Dollar Share Buyback?? Now is the Time for the Buyback!!

    Guys I am new to this forum and read that Skull had arranged to buy back $28 Million worth of shares this year. With this stock floundering at around $5 that $28 million buyback equates to almost 6 million shares out of a total of 28 million shares. The Short Interest is over 8 Million shares and this seems to be a great time to move forward with the share buyback.

    Does anyone have any info on the share buyback plans for 2013 and don't you think this could trigger a short squeeze considering the numbers mentioned above??

    It is time to get this train back on track!!