Buy Backs? Take over?What I am most curious to know is where the company is with share buybacks? I would be more then happy to loose a few cents per month on the dividend to see a continued effort to buy back their shares. Especially at depressed levels to what they were issued at. Furthermore at these prices if they bought back all the shares they issued recently due to the convertible debt it would be nearly 500k in positive cashflow to them. What does everyone else think?
How about a take over target as well? This company generates phenomenal cash and given their proven ability to remain profitable in these conditions and the difficulties in opening a casino in smaller markets are they not a ideal acquisition?