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Re: Nikodemos post# 5578

Sunday, 01/09/2011 6:10:15 AM

Sunday, January 09, 2011 6:10:15 AM

Post# of 9963
This is some interesting volume, my guess is the company has about a million or so dollars they can invest throught the year
I have seen many companies buy their own stock bc of the oversold conditions and promoting the possibility of shares being sold, we dont know what they are doing with the authorized shares. If my company was looking to make over 3 million in net rev annualy and trades this low and this net income is included with the fact that the revenue was close to 100 million. i would invest in it myself quietly while the panic continues, when the time is right you will see a reputable company retained for auditing first then some official paperwork will come out on the shares being bought. Just my thoughts, I have a g saying it will 10 times pps in less then 12 months but it is all dependent on the theory that they arent selling shares but buying them

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