I actually wanted Santa to get something special in my portfolio “Stocking” this year............. but I can wait. As I have been in SFMI for like 2 years, thing are looking better and better as the weeks goes by.
I see good thing on the horizon, and it just gets better, especially after Management so boldly releases a news letter that confirms my positive outlook. The camera is Great! I have been away for a couple of days, before I was looking at the foundation footing for a couple of days, today I see structural support framing up and people working. Great Job Guys!!!!
I wonder what kind of valuation and returns, Management are looking towards, for the shareholders.
My personal take on the buyback talks are: When there is a buyback for open market shares, the company usually has a huge cash stock pile or has financing in place to do so. If they foresee a buyback, they are usually foreseeing having a huge stock pile of cash in the future. It will concentrate our current stakes in the company and strengthen our voting rights.
