Well Tower I have my own opinions as to how I think it will go or would like it to.
Truth is, one gets very little from the company, except for the last year with all the shares being bought back.
It's like last year when they announced the new hub acquired it was unexpected, totally.
With old man Trink gone, maybe they will pull farther away from the copper aspect and continue on with more hubs for airplane services. I would hope so, maybe make a big push into their charter services for elite customers for gulf streams etc.
Something is up because they would not have gotten the new credit facility under better terms, they have enough cash to buy back shares and keep 2 million at hand.
Gearing up for something of this I am certain, but, what I haven't a clue, they are doing all the right things, if they were in another sexy business that was trendy with the cash, revenue, credit line, buying back share it would be a .50 stock but its not.
It's one of those investors stocks, just buy it and 6-18 months down the road bang there is your double, triple etc. Anything else I could say would be smoke and mirrors.
Sorry not better explanation but its all I got, LOL. If last year is anything to go by, it was in the fall the new acquisition was announce but that would be conjecture too.
Best I can say is severely undervalued on paper, they have more in cash most of the time than the market cap is, which to me is utterly bizarre and with them buying back more and more shares it just gets more bizarre by the minute. I mean when the share price hits .07 it is literally less than they have in cash??????? You tell me where that makes sense.
Never seen a company with low float to start with buying back shares in the open market and the share price go down or stay even, but, like I said its not sexy, its not weed or whatever else is the hype of the day.
Its a catch the dips and put them away, not for the momo guy, but rather for the true investor.
Peace lout.
