It would be interesting to see what a small buyback would do. Probably a $1 million buyback would push the stock price up significantly, and it would probably be a great investment for the company. I don't know all the rules and regulations when it comes to buyback programs but it's an interesting idea. Of course if operating dollars are tight then this isn't something you would do, but if there's some wiggle room then it may be an idea.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.