Post by
morganagordona on Jul 18, 2011 1:57pm
ZMGD regaining control!
ZMGD announced 2.2 billion O/S shares buyback! A buyback allows
companies to invest in themselves. By reducing the number of shares
outstanding on the market, buybacks increase the proportion of shares
a company owns .Companies will buy back shares either to increase the
value of shares still available (reducing supply), or to eliminate any
threats by shareholders who may be looking for a controlling stake.
Anyhow, looks like ZMGD is about to regain control! This one has a
future, I tell you folks!
Comment by
bbspartan on Jul 18, 2011 2:18pm
What do you think that will affect more on their PPS jumping, buyback or partnership?
Comment by
JudithKeenan on Jul 18, 2011 2:22pm
Both will play their part, imo! Thought I put my bet on partnership first!
Comment by
bbspartan on Jul 18, 2011 2:32pm
You're right that will additionally boost their PPS and volume