Well, I can say this. I will be watching. This has potential to become exponential. But its always a long shot.
Taking that many shares out of the float is certainly a challenge to the shorts. But do you think they will get sellers at $10??? If the intrinsic value is near $16, why would anyone sell? One answer - there could be a number of funds with low basis that want to exit in an orderly fashion rather than hitting the market with 500,000 shares or whatever. SO this buyback is a bit of a death-defying act, but what do I know.