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Michael Anderson

03/24/11 12:19 AM

#76162 RE: Drexion2004 #76161

With how everything is going at the moment, I wouldnt expect the responses to be any different. There are many reasons for the negativity. I dont know much about LIWA, but that kind of buyback doesnt say much, but if they continue to do those buybacks and it actually adds up to be a decent amount, then they deserve the "Way to go, Kid! Great Job! Etc"
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RyanW439

03/24/11 7:11 AM

#76172 RE: Drexion2004 #76161

I am absolutely a skeptic first these days, if that's what you're asking. If what we'ce seen lately amongst multiple stocks in this sector doesn't warrant that, I'm not sure what does. Buying back 55k shares is great, but if they were really interested in buyin back 15M worth of shares, why would they announce 55k? Maybe, maybe not.. I'm only saying put it in perspective... They didn't go out and buy a half million shares or anything. I think its great what they've done, but it doesn't warrant getting too giddy over what is so far a token buyback.