Post by
tsoprano24 on Apr 10, 2023 12:13pm
Stock buyback
In spite of $2000 we still are making no headway. In the past the only respite from this dismal stock price has been during stock buybacks. Management can't possibly be too busy to put ours back in play, can they. I mean cashing their checks and a few meetings at good restaurants can't take up that much time. They have the money, more is flowing in and we sit at prices that warrant 1600-1700 gold prices. It is readily apparent to anyone looking we have no real support. Day traders and shorters make up most volume each day. I don't want to rock this steady tugboat but maybe a stock buyback would take some of the excess off the street. Maybe get us to a price we deserve. I never looked, but I am guessing stock options aren't based on stock price but, what, having a pulse? I imagine this will kick start the posts about we are doing this and that, but really we are languishing. We've been doing this and that for ten years and only movement up has been when the buyback is involved. No other company is sniffing around. Just day traders and shorts playing the game. Buy back a few million lousy shares and at least throw a wrench into the game. Not like you're busy doing anything else.
T
Comment by
topoftheday on Apr 10, 2023 3:27pm
This post has been removed in accordance with Community Policy
Comment by
tsoprano24 on Apr 11, 2023 8:53am
Very useful comment. Could you explain afternoon recess is over? T