News Focus
News Focus
icon url

fly_fisherman

05/03/12 4:50 PM

#23877 RE: SUB2CENTS #23875

It comes down to the management...

I agree with your statement. A buyback now is not a bad idea in reality if they can salvage the shareprice, help the investors, and get the PPS back up to proper valuation in the .09+ cent level.

A r/s at that level or higher would NOT be a bad thing, but to do it down here would be absolute BS and a slap in the face of all the folks buying right now...

Honestly, I agree, if they were going to do that they wouldn't announce a buy back unless they are being totally dishonest. Its hard to believe a company has built up the revenues they have and not have integrity.

Also, you can bet some of their celebrity folks and product spokespersons have shares in the company as well. It would be a direct slap in their face as well to r/s with the PPS depressed...

No I dont think they would do that now. Maybe at the end of the year. No need to rush a decision like that anyway. They are busy meeting product deliveries and making money!!!!