Originally Posted by
Airsupport
you obviously didn't read the articles i posted, and you obviously know very little about how the stock market operates.
now you're just wasting time. you can't read, apparently. nowhere in those "beginners" articles did it say "a company buys back stock because it always makes the price go up" or "stock price always goes up when a company buys back its stock". re-read what i said. you obviously didn't read what i said, nor do you know anything about me. anyone that has to look up stuff on "beginner" websites certainly doesn't have experience doing what i used to do for a living. you don't even know what a series 55 is, do you? oh, well, i guess you can look that up on a "beginner" website too.
anyway, my point was and is that there's a couple of guys here who look at skywest inc. buying back stock as such an evil thing, and that's not true. that the only reason they do it is to make themselves richer. that it's guaranteed that anytime a company buys back stock the stock price goes up. none of those things are ALWAYS true. does the stock price sometimes go up if a company buys back stock? yes, it does. but it's not BECAUSE they are buying the stock back. it's not simple causation. if you've ever made a market in an OTC stock, then come talk to me. otherwise, quit being so simplistic. and i'd suggest actually reading the articles you post. i read them, and they are right in all aspects, though not complete, and they clearly point out what management HOPES to accomplish by a stock buyback. what you have to remember is that the stock market runs on expectations...expectations of the investors, of analysts, etc. NOT on expectations or hopes of management of any company. again, if that's all it took to make a stock go up, we'd see stock buybacks every single day. i'm tired of this. i was just trying to educate a couple of people on here that have wildly simplistic views on how the investment markets and corporate finance work. i know you don't know anything about it, and that's fine. no one is born knowing this stuff. but learn a little before you go saying things that make it obvious you've never done this for a living.