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PFSweb Inc. Message Board

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  • lowl22 lowl22 Dec 16, 2011 9:56 AM Flag

    stock buyback

    i am sure they would like a strong close over the past few days of the year to help mark it up for loyal shareholders and funds...

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    • you forget that pfsw has to sell its financial stability as well to large clients. it needs to get its maket cap up and it will.

      it can easily do it now with this share repurchase. they have also authorized additional purchases above the $1MM.

      without the guidance being at low end, this stock would have doubled today with this news. the guidance info only defers the increase but it will still go up strongly very soon.

      despite the investments, still will be around low end of target guidance. that is #3.8MM. only 15 days left in quarter so you know they are not way off. if anything they will be conservative.

 
PFSW
8.42-0.27(-3.11%)Jul 22 4:00 PMEDT

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