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billpr

07/17/17 4:14 PM

#41566 RE: fishhunter #41565

Agree with 1-4. As for 5, they really have no choice. They are stuck with their own statement. Don't share your enthusiasm for adding. Not from Missouri, but in this case "show me". Todays performance didn't on all counts (volume and PPS increase).
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Schneidku40

07/17/17 4:37 PM

#41567 RE: fishhunter #41565

Price is too cheap right now. Cash on the balance sheet becomes a risk at some point due to possible takeover. Couple the $4 million in cash with $6 million in federal NOL carry-forward (plus no debt), and a company that buys Virtra for current share price basically gets a 33% automatic discount. Last year Virtra's net income was $2 million, so if you want to take out cash and income tax benefits on the books, Virtra's P/E is barely over 10. If/when this gets on a national exchange, it should be eaten up so fast our heads will spin.