Great Post.
Buying down is not popular and is most dangerous. I do it on a few and this is one that I've chosen to follow to the bottom and back. Please don't ever listen to me or anybody else when making decisions. When anybody asks you to do your own DD ask them what they mean? In this case you have to read all the old PR's and look at the charts and read ALL the BB messages and THEN call the company. It's not easy to get appropriate answers but I can tell you that the PPS is a huge indicator and one that the CEO had better be prepared to answer. Reason: he knows that PPS is important. He knows he can sell into it or buy it back and it's his duty to shore it up for us folks that have invested our hard earned money in his hopes and dreams as well as our own.
Best to all longs, as always. We are rising.
IR...it's not important,it's OK, and thanks, as long as we look forward and agree that the horizon sees a rising sun, not a setting sun.
Woody.
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