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Re: derekjbruce post# 7339

Monday, 11/01/2010 8:23:04 PM

Monday, November 01, 2010 8:23:04 PM

Post# of 8313
If cash equals more than the value of the stock and the company is profitable, I'm usually a buyer. Even if the company continues to lack in ceratin aspects, as long as they add cash every quarter to a balance sheet with no debt, I'm a buyer.

When you buy stock, you're buying the assets of a company which includes the cash. If the company goes starts to go downhill, stockholders would eventually call for the return of the cash in the form of a special dividend.

How someone could not be a buyer of JGBO right now puzzles me.

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