Clearly, the Co is interested in making this stock a viable holding for long term appreciation. They have continued to show their stockholders that they will step in and put their money where there mouth is. For that reason, I believe we will see a nice bounce over the coming days and $2 will be the new floor. I feel bad for all you guys that didn't buy in at the 50 day line this past week or so, there was some good opportunity, although there really wasn't a huge supply of stock available. Good luck to all, whatever your position.
I suspect that they want to eventually take this company private. It happens every time I get a good stock to hold for the long run. They have been trying to get my shares back via Dutch auction since .70.
Exactly imagine that, really???? how about a divi, that would do just as much for the PPS as a buy back in fact more, the PPS goes up and investors can then really profit out of the sale for long suffering holders. All the buy back is doing is to support the meager sales and rev per share growth. Invest in the future spend the money on the Ting program. The imagination of the BOD to add value for the shareholder is dismal.
Meager sales? You need to go back and re-read last qt.'s earnings, shortie! In case you missed it, we went up $.21 today. Hello! Great post bb57 and I agree totally. This thing should rocket past $2 and higher!