InvestorsHub Logo
Followers 17
Posts 528
Boards Moderated 0
Alias Born 11/30/2011

Re: Sirpeter post# 56527

Monday, 06/04/2012 5:13:08 PM

Monday, June 04, 2012 5:13:08 PM

Post# of 232508
I do not dispute Jeff is well off and is buying back shares. And that is a good thing. My only point is that I believe (based on the info Jeff has provided regarding revenue growth and Margin improvement) that the business should be providing positive cash flow. If that is the case, they should be using it to buy back shares in the near future. I know they have not said they were. But I feel that would be the most efficient means of outlaying capital for both the company (improving share price to get to CX) and certainly for the shareholder.

Remember, when Jeff buys back shares, outstanding is not decreased. When the company does, the o/s is reduced. So think about it when the outstanding is reduced, the earnings are allocable to less shares... thus, all of our share prices are improved.

Just my three cents.