Re: Discovery - DABOSS-Giants-Share buyback question
in response to
by
posted on
Aug 19, 2010 09:51AM
I am friendly the 2 terms are generally in direct opposite of one another
a buyback is generally done when a company is financially healthy
and R/s is generally done to reduce the # of shares so that that compoany can once again issue more shares later to raise more needed capital
In an r/s your invesment dollars dwindle and in a buyback your investment dollars generally appreciate
a r/s was certainly in the cards when edig was on its death bed but now that debt is gone and they are profitable I dont believe its in the cards any longer