Stock Repurchase Program ending 30th June 2019 | CORT Message Board Posts

Corcept Therapeutics Inc

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Msg  2664 of 2668  at  6/11/2019 5:05:06 PM  by

KJDedge


 In response to msg 2663 by  Leverage01
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Re: Stock Repurchase Program ending 30th June 2019

Other than psychology and maybe trying to keep shorts off balance,
I personally think it’s a misallocation of capital... I believe they are going to need all
The cash possible if Teva launches generic...if anything raising some capital over the last year
May have been preferable in case teva prevails or launches at risk...
Of course, everything is clearer in hindsight...

I doubt they have used much cash on buybacks lately....so maybe they extend it because they are under no obligation
To use it....


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