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Re: redbullpapi post# 7636

Friday, 12/02/2016 12:00:38 PM

Friday, December 02, 2016 12:00:38 PM

Post# of 14654
Papi -- Don't focus on the lack of information. There is only so much that companies operating in this sector can report and certainly we should not want them to run the pump and dump play that other less ethical companies in this sector have attempted. When they have meaningful news they report it. We will never truly know what is happening behind the scenes but I believe that it is substantial and trust that management is doing its best to maximize shareholder value. That said, it really is time for our well paid management to put their own money behind the stock. When the company announced the $2 Million buy back a while back, it was viewed as a positive gesture. However, I don't believe any of that money was spent and certainly now they are not in a financial position to utilize the buy back. Which is precisely why management needs to step up to the plate. While I am and have been a huge supporter of this company, I no longer will accept the answer that "management wants to buy but legal says they can't." Certainly there are dark periods but there are also periods of light and assuming we are in such a period right now, it is time to buy with the market cap significantly less than current year earnings. Their failure to do so is the only things that might make me reconsider my investment strategy here (as if they don't see value at the current market cap than not sure why I should continue to support them either).
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