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Topic | Stock Topic 36 |
Lopen 03/02/22 11:09:11 AM #94: | So the key here is Rocket has 700m of cash they can use on share buybacks that expire at the end of the year I think they plan on using every last bit of remaining supply in the coming weeks. They're going to get as much back into their holding as they can comfortably do before the dividend next week. Then I think they're going to keep some in reserve to prevent it from being a pump and dump again, by counter buying shorts at the top and keep the burn going. Will it work? I don't know. But I see no reason rocket wouldn't expend most of their supply about now --- No problem! This is a cute and pop genocide of love! ... Copied to Clipboard! |
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