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StocksAnonymous

10/06/14 10:33 AM

#70346 RE: TheExpertHimself #70345


TheExpertHimself
Post # of 70345
this news is as good as insider trading news....because the management wouldn't buy it back if it believed that the SEC investigation was going in the wrong direction....most important news of the year.



Not only that, it tells us that they have enough cash on hand right now to buy back cheap shares and still introduce new products/grow the business. $2.5 million is a lot of cash, even for a company with a market cap of $160 million.
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bajista

10/06/14 11:47 AM

#70351 RE: TheExpertHimself #70345

It's great news because I think that management knows the quarter will be a blowout and this current one will be as well. I don't think anyone knows where the SEC thing is going.