Apple_Dan

About

Username
Apple_Dan
Joined
Visits
0
Last Active
Roles
member
Points
1
Badges
0
Posts
1

Reactions

1Like0Dislike0Informative

  • Analyst: Nikkei iPhone 6s supplier story says nothing of iPhone demand; site wrong before in 2013

    Apple_DanApple_Dan
    ChrisDungeon said:
    FWIW, SEC rules dictate that AAPL cannot buyback shares 4 weeks prior up to 1 week after an earnings announcement. Since earnings will be announced on Jan 26, AAPL cannot buyback stock in the Dec 29, 2015 - Feb 2, 2016 timeframe.
    ChrisDungeon said:
    FWIW, SEC rules dictate that AAPL cannot buyback shares 4 weeks prior up to 1 week after an earnings announcement. Since earnings will be announced on Jan 26, AAPL cannot buyback stock in the Dec 29, 2015 - Feb 2, 2016 timeframe.
    Correction: 5 weeks prior to earnings release until 48 hours after. It's call a blackout period. Google it.
    I think you are wrong. Apple has hired investment bankers to retire their shares. They can retire shares at ANY time. The blackout period refers to companies doing it themselves. 
    badmonk