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pmaher

03/02/11 9:30 PM

#28927 RE: 5cap #28926

Ha, ha, ha. Well said 5cap.

My apologies if I've come across negative on this GREAT news. And indeed, I feel that Virtra's management is making very, very good decisions in every aspect of running the business.

If you're a little company looking to maximize return on equity, then you're probably right - earnings aren't your top priority. But if you let your emotions get away from you once in a while (and haven't been to business school) then you want the earnings asap!

I've posted before that I expect Q2 11 earnings to be the timeframe when we really start to see the breakout. I may have to go re-read that post!

-Pat


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avocado

03/03/11 6:53 AM

#28929 RE: 5cap #28926

Bob owns 6+ million shares. I think he would like to see a far higher price for those shares than it currently is. So I think he is going to do everything possible to benefit the shareholders, being such a large shareholder himself. I also notice he has been buying shares all along.

I'm cautiously optimistic. I lost a ton of money in the past for thinking it would go to the moon. Bought at 32 cents, watched it climb to 44, eventually sold at 6.5, sat it out, bought back in at 4 once it became obvious the new management knew what it was doing.

All I can do now is wait, especially now that GM is seriously involved. Especially so if Virtra could get an NRA endorsement and sales agreement for the household shooting range.

Andy