How do you get to $6/share in early 2013 with a p/e of 4? I'd be almost ecstatic if the shares traded at $2.00.
Even after May 15, 2013, ttm earnings will be perhaps $.80, so even then a p/e of 4 would be $3.20.
At some price in that range.and above -- most certainly 6 -- I'm in favor of their issuing shares, lots of them. Just do in a more traditional secondary manner.
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