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Re: IB_ post# 383902

Friday, 08/04/2023 12:34:53 AM

Friday, August 04, 2023 12:34:53 AM

Post# of 401564
I hope you are wrong too. He’s grown the business itself by leaps and bounds compared to where it was just a few years ago, the stock just needs to follow suit.

Like I said, no problem with pushing for different board members but I’m not sure how we would force something like that to occur.

I do think a share buyback would be excellent and would benefit everyone here and Elite employees, Nasrat most of all. Clearly the business strategy alone hasn’t translated to stock price success but I don’t think they can stay disconnected from each other forever. IMO - They’ve sunk hundreds of millions into R&D over the years so I don’t think a few million for buybacks is an unreasonable ask, spread it out over a couple years. Million bucks here, million there. He may not do it but I plan to keep bringing it up every call.
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