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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Comment by WINDGOD46on Mar 06, 2019 9:53pm
79 Views
Post# 29453181

RE:February buyback figures are out-153,400 shares repurchased

RE:February buyback figures are out-153,400 shares repurchasedThis is nothing; it's five days' purchase given that the daily limit set by the Security Commisson is 35k. But the small increments they buy daily 3k, 4k or 5k allows them to purchase stock without forcing the Short Trader who likely shorts the stock in the company's behest, to cover positions. In other words, i strongly believe there is a collusion between the company and the Short Trader to depress the stock so CRH can buy back the stock on the cheap. And today, i think they went out of their way to short the stock big time so the company can buy lot of shares at a discount before the News Release next week thus forcing the weak hands to rid of their shares.In the event that this is not the case and Q4 is very  bad, the insiders tipped their Fund buddies to sell before the NR. Either way the company is playing a dirty game with its shareholders and it will pay the price no doubt.
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