iBankCoin
Joined Nov 11, 2007
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Buyback Announcements Melt Up

“…………..that’s a lot of stock being pulled out of the market.

 

buybacks repurchase

Deutsche Bank

 

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2 comments

  1. ultramarine

    Wow, guess there is nothing else to buy. Is this like the corporations implementing their own collective QE?

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  2. CRONKITE

    essentially it is ultramarine. they borrow like the banks for nothing, buyback stock to improve earnings and cash out options.
    this is the last effort to keep earnings up. we may be headed down for a while which could certainly hurt prices…

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