InvestorsHub Logo
icon url

fishhunter

07/17/17 4:57 PM

#41568 RE: Schneidku40 #41567

You are exactly right Schneid. The market is not giving VirTra any credit for having that cash and NOLs. Think about it this way, if VirTra had zero cash and debt of $5million would their share price be any different? Nope. They need to deploy that cash in whatever way is best for the company. I like the small $1mil buyback. And I would really like it if they could make a meaningful accretive and smart acquisition. Maybe buy something for $10million and when the deal concludes VirTra has net debt of $3 or $4mil but an extra $10mil in revenue and an extra $1.5mil in net income. Easier said than done.