I think you are missing a filing. 2/11 he filed to sell 100K, that was sold. 3/1 he filed to sell 230K shares. As of yesterday I think he still had around 180K shares left to sell. I bought more at 11.
I realize we may not want to shrink the float. But with the cash why not eliminate his overhang.
IF NAII earns $1.20 over the next 4'quarters. Slap a 20 PE ON THAT. We have a $24stock. Target could even be higher based on the $4 in cash with zero debt. Imo. Long and strong
What the hell is a D&R?
Company could easily end this. Tons of cash. Buyback the borg shares.
So. We are not even sure borg sold today. He opened the window yesterday. The seeking alpha article may be the cause??
Cannot say that I blame them on selling some. Wish they would get it done. This waiting sucks.
40K volume after 1 hour of trading. Nice move.