OTCPK:EUCTF - Post by User
Comment by
Spiegel62on Feb 19, 2016 5:13pm
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Post# 24576645
RE:Good close... HOWEVER
RE:Good close... HOWEVERGijsWouter wrote: Let's hope Bruce didn't just introduce this initiative to make some quick money on his own shares. Him exercising his options right before this announcement of a buy back of shares is somewhat conspicuous to me, alongside him having a personal contract with SICPA outside of EUO.
Also... Why buy back shares?? Isn't there a good acquisition to be done out there? What does spending money on our own shares mean for the potential of the company in the long term? I think buying back shares is generally a positive thing for shareholders in the short term, but I'm concerned about the long term perspective. Having put some thought into it, I'm just not sure buying back shares now is really helping us forward.....
Careful what you say if you dont want to end up like ShawShank.
If you fail to understand the advantadge of buying back shares at distressed prices when the company is about to have a windfall in royalties going forward, maybe then you dont belong holding this stock since you dont seem to understand what its all about.
A good adquisition will be made when and if there is one to be made. Absolutely no hurries there.
You definetely look like a rookie investor to me