VirTra Inc (VTSI)

[fishhunter]

I just read through 2 days of posts after being off-grid a couple days. A few musings:

1. Avocado and Schneidku have some great posts and the correct views.

2. The buyback announcement is a good move. Even though it is only $1mil it may/will decrease the number of shares by anywhere from 1 - 3%. This is significant.

3. Obviously, the fact the company might buy back/retire some shares tells me business continues strong and company generating plenty of excess cash.

4. Since I believe the stock should be trading at $6 - $7 TODAY, I believe the buyback is a smart move. I have recommended it repeatedly over the last several years.

5. Someone earlier said they should have done this when the stock was a penny. In theory they are correct, in practice it couldn't have been done at that time due to share price and volume.

6. I think it was Bill who said the stock will never get to $5 for a few years. Me thinks it gets there before the end of November, 2016. Why? Because the company is already worth more than $80million. Why? Because of the continued growth and the fact they will likely generate net income of $4.5 to $5.5mil this FY2016.

7. Gonna be quite a ride over the next couple years and yesterday's announcement just removed some of the likely dips and eased my worries immensely.

Cheers All.