A corporation can buy its own shares back from the market in a share repurchase. When management believes that a company's shares are undervalued, it may decide to purchase them back. The business either purchases shares directly off the market or gives its stockholders the choice to sell their shares to the business at a predetermined price. This procedure, also referred to as a share repurchase, lowers the number of outstanding shares. Investors frequently believe that buybacks will enhance the share price since they reduce the supply of shares. This presupposes that the measure won't reduce interest in the shares. In addition, a company repurchasing its own shares indicates a conviction in the stability and continued growth of its own business.
As we all know, 2022 has been a painful year, and it continues to be so. What works during a bearish market are a few strategies: shorts, inverse ETFs, holding cash positions and day trading. Today we take a look at ATXI and see how we day traded it. Watch this video to get the technicals. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is