Agilyx Ord Shs AGXXF

I've seen this many times and the story does not end well!

[mountainpose]

A company should (almost) never buy back their own shares. The message is that there is nothing they can or know how to do to improve efficiency and productivity. So I ask, why would anyone self declare that they are not doing very well now, and then make a sizeable investment in themselves, without doing a darn thing about making themselves better? Much worse is not having the money to do so. The "Encyclopedia of technical market indicators" (Bryers and Miggs) did an analysis of share buybacks and found a negative correlation of an average of 13% decline in those shares within 9-12 months. It's a foolish move folks. And they must now get it right at all costs or the class action lawsuit I mentioned in my last post will become a reality. I want to buy the shares, however I really don't like the tone of this message. I know management means well but this a weak move. I'm going to wait for now. I'll pay a higher price if I need to. I want to see a sign that AGT is a manageable company and not just a commodity swinger. GLTA