buying back shares is ok I suppose at the right price ($2 and under), but they need to keep enough cash cushion where if they hit a bump for a year or two, they will not be forced to issue shares at $1 or below like they did a while back (I think it was at 60 cents or 30 cents if I'm not mistaken, for many million shares). Doesn't make sense to buy at $2 then issue later at $1 for example.
but all in all I agree with you, that they should keep things similar and change slowly and see what works and what doesn't without jeopardizing the long term health of the company.
Stan
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