Its all adding up... They announced a buyback while there are strong indications that growth/profits are on the right path to support such an initiative.
They might not be able to buy back much during the early part of the 2 year plan, but that really dont matter. The SENTIMENT from buying back ANY AMOUNT of shares will add underlying support to the price and help ensure an uptrend. We just need a TINY amount of proof that they are following through and speculation will balloon. That is how the penny market works, as you know.
Penny traders are often skeptical of "buybacks" because POS stocks will claim it while they are in no position to actually follow through. Its just a ploy to sell shares into... but this company is actually on the right path to support the initiative and if im not mistaken, theres been little to no dilution for a long time, supporting this theory even more.
This is why i was buying the lows today. The story is adding up, just more people need to figure it out.
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