OTCPK:EUCTF - Post by User
Comment by
GijsWouteron Feb 19, 2016 8:58am
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Post# 24574149
RE:RE:Eurocontrol - Normal Course Issuer Bid
RE:RE:Eurocontrol - Normal Course Issuer BidI just looked at four other companies that recently announced a buy-back initiative. General tendency - although volatile - seems to be that the share price goes up. But they were all short term examples (TSX:WIN) (TSX:HLF) (TSX:IFC). What it'll mean for the longer term is uncertain, but combined with Rowlands purchasing lots of shares recently and the numerous catalysts on our way moving forward I would suggest we can see a move up here with a period of consolidation around the .20 mark. But then again, this stock has been trading so incredibly weird that I don't know what to expect.
Trooperhobo wrote: So anyone know how markets usually respond to these. First time for one of my plays to experience this. But sounds like good news coming down the road with less shares in the float.