Motorcar Parts of America Inc. (MPAA)

[littlefish]

Screw the buyback, I want to pick up some more shares if it drops back a bit.
They can announce the buyback after they repay the debt on their LOC in full.

I'm not real confident we will be able to buy more but I do have a couple orders in the low $5.5 range. May move them just a little depending on how things look.

My last purchase was at $5.6399 (I think last week sometime) so all those "99s" today weren't from me nibbling. My guess is it is just an MM frontrunning a bigger block of shares for sale.

But even when this slips back a little bit, seems the bids come in pretty fast. Would be nice to catch everyone napping and have a seller at least whack it back to $5.5 ahead of earnings.

The near-term cashflow expectations gets me excited. Hopefully that show up on the balance sheet in the Q too as much as earnings and other stuff...