RE:150 millions Buyback!! It depends on how they set up the buyback. Your post assumes they will simply buy it back on the open market. They may do that, but given the ratio of the daily average volume to the total amount that they wish to repurchase, I think they might not. Some others who post on this board have suggested they may also structure it as a reverse Dutch auction.
JTDOUBLE wrote:
should push this stock a lot higher in the next couple weeks..
Average could be over 1 million shares per day given the 150 m timeline of mid April to end of May..