RE: Winter Seasonal 2 Qtrs500,000 shares is nothing but a drop in the bucket. Someone(s) been selling since it hit a near term high of $1.20 (i luckily sold out at $1.19). I rebought in at .80 and then a small avg down at .50 and perhaps a little more.
I dont think "big things" are coming. They really have to learn to market their company to the investor community, and begin attracting some institutions. Also, i find it disappointing that they have mentioned they plan to continue buying back shares yet they clearly have no follow through and the mention of it does not artificially tell investors that anything below asset value for share price is "a deal". They could buy back 500,000shares for $200,000 or better yet buy back a couple million shares... support the share price reduce outstanding share and if need be (if they are not cash flow positive) do an offering at the higher share price so you dont dilute and actually claw back some value for the company.
I do think we are at lows... UNLESS... there is something big and bad that nobody is currently aware of. Thats always a fun suprise. That is my only concern with this company. Other than that it is a boring industry stock that is trading at below asset value and although i dont think it will happen i wouldnt be suprised if you see a company like this go private (once its earnings clean up and are more solid and consistent and just plain better) especially if it trades at ridiculous levels that make private more appealing. Ofcourse i really dont see that happening any time soon.
Good investing
Bdussy