Friday, March 12, 2010 11:34:25 AM
My issue with BEDA is they have no cash and negative cash flow. If they acutally had the cash to safely acquire another company, this stock price would not be 0.0018.
Same with the share buyback. Who knows what the terms are but if you're incurring debt (i.e. outside investor) in some way to decrease your float, I would not consider that a positive move.
Now if they were using their own cash reserves to do so, I would consider that to be positive news.
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