RE:RE:RE:RE:RE:RE:No follow up on volume.I agree that share buybacks provide better returns for typical stocks, with larger volumes and a better correlation with the EPS. In the case of Yangaroo, we see that it does not really moved based on solid financial results. I guess share buybacks could take away some stocks that are owned by day traders. It is clear that some investors are playing with this stock, selling them at 0.20 and buying them back at 0.16 - 0.17. Share buybacks would help us remove a good quantity of stocks held by such investors.
I may be dreaming, but i still think that eventually, this stock will move according to the company's ability to grow EPS. In this case, we need to get rid of day traders because if not, we will be singing the same song in 3-4 years.