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Re: Maciste post# 2196

Tuesday, 12/16/2014 11:12:42 AM

Tuesday, December 16, 2014 11:12:42 AM

Post# of 3052
Yeah, it's not uncommon for OTC stocks to announce share buybacks to boost the price. ASTC has the cash, but whether they'll spend it remains to be seen. With book value above the current PPS they should be buying like crazy, but my guess is they're afraid without cash they'll have to scale back the big salaries for Trey and friends and that's not happening.

I just hope they don't acquire anything too ridiculous to keep paying themselves those big salaries.

Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson

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