RE: From VAA - buyback infoHi Gno - good post!
"Please note that we cannot do anything to increase the stock."
That's odd - really odd. Peregrine PGD and their buyback - when i checked their trading history they were buying hard near the top.
"We are careful how we spend our cash but yes, there has been buy back since January 31 of this year."
I posted those trades earlier - nothing since. I suspect by June 10th when the may report is out we'll see a bit more buyback.
Stockwatch has recently posted several VAA articles by their diamond newswriter. Combine that with the latest May 2008 presentation at VAA website and it seems inconceivable we should be going down, yet here we are.
I'm starting to suspect there are some miffed VAA shareholders for several reasons voting with their feet.
Hope they run out of paper soon. Though i think i appreciate the extra dirt cheap shares. I would have preferred to average up.
Frustrating to see such a growing quality story with "motivated" sellers, or maybe...one mother of a shakeout!