Banks & instituitons will intentionally drop prices just to prop it back up for liquidity purposes idk how companies doing a buyback work.So can the company create (the imaginary) support level at all, or would it be totally the market??
Just an example...Amazon. If they have authorized one billion dollars in buy back, could they prop up a dropping price with buy back...
You’re not going to be able to front run them because they give their order to Goldman/MS etc who then break the orders into pieces and spread them out. The way you should see buy backs is as a marginal increase to demand flow through time. It’s a seasonality factor.So can the company create (the imaginary) support level at all, or would it be totally the market??
Just an example...Amazon. If they have authorized one billion dollars in buy back, could they prop up a dropping price with buy back...
How does this happen?Banks & instituitons will intentionally drop prices