RE:RE:RE:RE:43,000 purchased by company today !!
I like your thinking MUGMODS.
Frankly, buybacks, I truly dislike as it benefits the option holders (assuming this is in place) vs the regular long shareholders like us, but looking at the past, you are correct to question why now. Something that zipped by me :o)
as for institutional investors, some have dropped out.
we are hitting the end of the year and from seeing many new institutional investors getting in this year alone ( YoY institution/fund ownership from aprox 6.5% to 11.7%), if the price goes down, we may see some take the tax loss vs gains type of thing... I am hoping the smart ones stay in from the fear of losing big going into 2015 for failing to get back in big.
There is something 'cooking' as 1Hot said.
Looking forward to a "Jingle Bells" rally soon vs this "Batman Smells" dip :o)