GREY:ISYRF - Post by User
Comment by
VCman2809on Oct 18, 2019 5:46pm
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Post# 30245825
RE:No interest in owning micro caps
RE:No interest in owning micro capsYou make some good points here. I have watched this stock for over 15 years all the way back to the days of Dereck Spratt. When you look at the company’s stock value going back to 2004 the shares traded at $12 now multiply it by the rollback of 10. That’s $120 a share. They did not have sales like they do today and the shares were way higher. Something is very wrong with this company. You don’t use your capital to buy up your own shares. Any CEO worth his weight in gold would tell you to reinvest in building the company not buying the shares back. That’s like owning a hot dog stand and buying your own hot dogs to show an increase in sales. Top line goes up bottom line goes down. You lose in the long run. Bring back Dereck Spratt