I look at Buybacks as a short-term price bump opportunity, nothing more.
I'm a long-term investor. Short-term opportunities don't make me jump. Either I want to be in the stock (or stock market) or I don't. I'm always in.............just a matter of what I'm in.
If a company does a buyback, they are assuming the stock value will increase. If the stock is going to drop, why buy it back and create a compounding effect??
If you need the cash, jump on the buyback.
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