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Thursday, May 20, 2010 3:33:38 PM
It was also mentioned that the company is considering a share buyback in the future, nothing definite but its being discussed.
Now this is the kind of rumor I like. This is, while not too many think the company is diluted, the idea if achieved can raise a stocks value thru STRENGTH not hype, hope or hitting the bid every other day for 56 bux! I hate to read/watch so many different investors get so giddy every time a piece of news hits the air. We all knew far before the news hit of realtime, beckman, L-2's etc... they were coming. These Milestones alone were great for the company's plan and investors confidence but not all that exciting to the PPS. Why? No Money. With out solid steady increasing revenues and "hopefully" shrinking shares outstanding, any news short of a buy out will most likely not raise the PPS to any maintainable level.
XQ, was there any talk of how many shares are out around the origin date of the restricted sell that just happened? Is that the last from that time period or should we prepare for possibly more to hit the market? If the ex CEO was as said, I would think more will hit?
With that, any thoughts of locking could be farther off than imagined especially at these prices. I say let nature take its course, get these guys to stop hitting the ask just to feel better (unless there are hidden flippers out there/no control) and see where the interest and market takes the PPS. Lower means more and more is what a lock feeds on.
Good Luck Kids.
PS: There, They're & Their
Their stock was up There but now it is down here, They're not happy.....
Sorry but the misuse of such a simple everyday word annoys me to no end. :)
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