Lot of ifs there t, and that's the problem. Tons of examples of stock buy back programs not working. Delta under Leo was one example.

If there was any correlation with stock buy back programs and an advancing stock price, you could make a killing. There's not. In fact, Delta stock is now behaving like a lot of stock performance after the program is announced. Straight down.

If anything, the best play on a stock after buy back announcements is an optioned short position. In my opinion of course.

Carl