@jazontrader@Reignots Between the two repurchase programs, they already bought back half of the entire float (ex. CZ’s holding) for $197m. And amazingly was able get the stock drop from $20 to $15 through all these.
@Reignots So they bought back avg 15,500 shares DAILY since last earning in August. Explain how they did it in light of the daily trading volume and price action since August.
@Reignots@AdmiralRisky@Matt_Kolb_@Iqbal_yusuf1994 Both YY and SOHU have reasonable corp governance. The bad actors (Cayman incorporated and China operated) are generally the ones who never do earning calls, only releasing 20-F.
@AdmiralRisky SOHU implements $250m buyback and repurchases majority of the floated shares, and does so without moving the share price at all. Explain.