Interesting point in earlier post made about whether the company would purposely not report in order to keep the price down and then do the buyback quickly, IF they have the money to do so, that's a big IF. Having talked to management quite a few times, I can say this much, these guys go by the book, they're not fooling around with any games that I can tell and want to stay as far away from the SEC as possible - and that's a really good thing.
BUT that said, hey, they gotta do what's best for the company and shareholders, so if the 8-K takes longer than maybe it should, maybe "unintentionally delaying things" a few more days or weeks if you know what I mean, beyond what everyone is clamoring for, then so be it, I don't care at this point. Listen, If the company is able to buy back some of the shares b/c they are depressed due to non-filing/loss of investor confidence, well, I don't think anyone on this board would mind assuming they still own their shares when it were to happen.
And that lines up with what the company has been saying all along, if I may quote from this mornings FB post: "especially those who have adopted a long term strategy and have clearly expressed their support for the Company’s current endeavors." So they want the long-term holders, not the flippers, to benefit (NO OFFENSE to flippers!)
While the PPS has always and continues to bother the tar out of me (see my posts for almost the last year), I'm in for the long haul with many of you.
