This is particularly for Ron who has been doing some short-term trading based on announced stock buy-backs. Victor Niederhoffer had done some longer-term studies that show a statistical edge to buying stocks that are subject to company buybacks. His findings, are that "Buybacks Are Good."
While you're looking around Niederhoffer's blog, be sure to read his Valentine special:
Thought for the Day: 10 Things Happy Couples Do, by Mark Goulston
Back to trading,