InvestorsHub Logo
icon url

Traderstill

12/12/06 9:28 AM

#7271 RE: Booch #7270

I totally agree, but i also feel 1.7 billion in outstanding shares is too many for a company this size, and when they report earnings i can't sse it being more then .00001 cents a share.
icon url

djr63

12/12/06 9:47 AM

#7272 RE: Booch #7270

I agree. Nice post.
icon url

GFK

12/12/06 4:04 PM

#7290 RE: Booch #7270

It would have to be a very strong company to survive a R/S. We are not there yet. A buyback after the end of the year before it gets to expensive and the have released the revenue numbers would be ideal. They would recoup there loses with the PPS increase (as someone stated earlier) and gain momentum. It may be asking to much as of now.

A major factor depends on how much revenue is reported. If they made 175,000 the last quarter. I don't think it would be a bad idea to take 75,000 and do a small buyback . It would also generate a huge amount of interest, and momentum when hopefully we will be riding high !!