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dlewisfl

03/12/20 3:01 PM

#47993 RE: ARZ #47992

I was liking 2.97 the other day, oh well. Trying to buy at the bottom is like trying to catch a falling knife, as they say. Although this applies to the regular market and not VirTra, the corporate overloads started seriously cutting back on stock buybacks several months ago - that should have been a signal since corporate buybacks were continuously at record levels year-after-year and a prime reason the market kept rising. "the bulk of buybacks in recent years was debt-funded, and unfortunately right now credit markets are slammed shut which means that companies have to rely on their own cashflow generation and cash balances to fund management's favorite stock option boosting activity".