For 2012, all business segments are expected to be up, with improving bill/pay spread vs 2011-which will lead to substancial EPS gains.1 million+ share buy back could be increased by BOD as it is easily supported by balance sheet and cashflow.Before I buy again, looking for sellers to get washed out and insiders to buy.
How low do you think it will go?Thanks!
$4.20-$4.25 if the market continues lower, $4.50 otherwise. From a cash flow point of view, it is getting cheap enough already. However, it will take time for those that want out to get out and I do expect the broader averages to go lower.