Post by
MyHoneyPot on Jan 08, 2023 11:17am
Share Buyback #2
Also when the CFO and CEO are directing share buyback, they influence the performance of the stock, which in my opinion gives them to much control.
I perfer when the stock purely trades on market and company performance results, so that everything is very transparent and above board, as honest as possible.
A Fan/shareholder of ARX resources that gets a special dividend will reinvest it in the stock, stay engaged, monitor the company performance, and alway be looking for a special dividend when we are part of a good business cycle.
Promoter like Nuttal, sell all their stock, dust off the feet, and ride into the sunset.
I advocate for special dividends, and a engaged shareholder based that gets rewarded for holding onto the stock.
IMHO
Comment by
Quintessential1 on Jan 08, 2023 12:02pm
Yes and when the company buysback shares it makes it much harder for traders to predict highs and lows and swing the stock. Gee, how terrible for you. GLTA LONGS!
Comment by
angelnicky on Jan 08, 2023 2:36pm
poor investment strategy buying back shares what it did was the opposite, instead of increasing shareholder value it decreased it, look at the stock price. keep looking because 10 is not far away have a nice weekend protect your investment
Comment by
Quintessential1 on Jan 09, 2023 6:30am
Did you notice that even AN's price targets got higher? He started lasr year wondering if the SP might drop to $5 and started this year wondering if would drop to $10. LOL GLTA Longs