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smartmoney77

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smartmoney77

Re: CHUNKY44 post# 19737

Sunday, 11/26/2006 3:30:39 PM

Sunday, November 26, 2006 3:30:39 PM

Post# of 82842
Buying back shares is the same as having cash because you are buying equity in your own company. Equity is cash. Plus the future growth of the company and increase of its PPS will only expand that equity/cash position. Cash is king but equity is cash.

This may be hard to understand if you don't have an investors mindset but anyone with a real estate investment background will understand the above instantly.
GLTY
Smartmoney77

My posts are my opinion, make your own decisions. And remember, all fear is an illusion.

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