Forever - If you get that price, you have had a great day.
I still think that is a fair price. If someone pays 5x's EBITDA we get about $7200 (5 x $38MM - $32MM debt = $7200_
6x's = almost $9000
5.5x's would be your price
You are correct about net buyback. Looks like people agree with you as bid/ask is below yesterday's close. I'm not selling. I still think this is the space you need to be in.
Nothing special this quarter (a miss on revs) but they reaffirm for year.
Silent on outstanding bid.
They confirm they have been buying stock. Between 1/1/15-3/31/15 company purchased 119 shares at just under $5000/share. I think this is a very bullish sign as company clearly wants to reduce and I'm guessing they have been buying lately as well.
I cannot figure out what is going on. 1st Q report should be filed tomorrow. 2015 Annual report should be out any day. Hopefully they shed some light on this.
Just listened to conference call. It went very well and I'm looking forward to when their security product kicks in
Sentiment: Strong Buy
More I think about the way it's trading, I think the company is buying the stock. If true, that is a really bullish sign
It's a good business being run by some bad management. At some point they get forced out or bought. Wish I knew when.