IR knows nothing or is not saying anything of value. A couple of weeks ago, I asked IR why the company was not buying back shares at these ridiculous levels (market cap of $17mm) and the answer was "we don't know and we are just as frustrated as our investors with the share price".
Conclusion: Total BS!!! If they are frustrated with the share price, they should take action and buy back shares (as per their announcement). This would surely bring the price back up. So my question is...are they full of sh**...or do they have no money to buy back shares? I'm down 60% on this stock. Fundamentals are there (profitability, dividend...), so something doesn't add up. My gut tells me to take my losses and walk away because I smell scam, but yet I choose to wait and put my faith in management delivering on the share buyback.
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