Pacific Health Care Organization Inc. (PFHO)

[markofla]

The obvious reason for the extension, and the fact that management has purchased only 33% of their originally announced allotment, is that they, like any good investor, feel that it is more likely that they can buy shares at lower prices. If the current price (and lower, as it has been recently) was a bargain they would have purchased more than the mere 4710 shares (equivalent to only 10 days average volume) in the last five months. Again, they (like wise old Mr. Market) feel that the current price is fair but not undervalued. Their actions speak loudly - this stock can most definitely be purchased at lower prices than today's.