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fishhunter

01/16/19 12:21 PM

#45592 RE: ARZ #45591

I understand your point ARZ but I am still encouraged for these reasons:

1. The PR was the right and correct thing to do. We can quibble about the lack of content and details BUT the very fact that they took the time and effort to issue it is a good thing.

2. Increasing the buyback from $1mil to $2mil was significant news and means the stock will be well supported up to and through the Q4 report.

3. Also significant was the mention of shareholder value and the overall upbeat tone, promise of record 2018 and clearcut optimism for 2019.

4. Another thing is what wasn't in the PR. There was no talk of lumpiness, no talk of lowering expectations, no excuses about the fed gov or anything else.

Of course I would have rather they said....we expect to top $30mil in revenue in 2019 with EPS of 75cents.....and 3 years from now should be approaching the $100mil revenue level. But I have come to understand that Ferris will never provide specific/exact forward guidance.


Those selling the stock at this $4 level are stupid. Simple as that.