But I'll come out to say that there may be something more to today's action than the news of a buy-back.

And why would they come out with that PR (with the buying of shares)?  They cited their reasons, all reasonable and justifiable.  IMO, possible CYA IF something big were to happen, thus avoiding accusations of insider buying.

Some may argue that they had to put out that PR due a recent statement that the buy-back was temporarily suspended.  I counter with their statements that they would buy when considered prudent (i.e., I doubt there are any SEC-related reasons).

I'll just say that if I were in their shoes and had "a good feeling", I would have bought shares and put out that PR to advise that the buy-back was on the up-n-up, not influenced by possible near term news.

I felt this thought passed the "adequately profound" test.

And I KNOW nuttin'!

SGE