RE:Share buy back?What's hard to understand? Ultra-micro cap company trading at a 15-20 trailing PE?
If the market valued companies based upon their future instrinsic value, then there would be no money to be made by investors like you and I.
As for a buy back, while I love buy backs, they should only be done if other sources of increasing the companies earnings have been exhausted.
Cheers!
mikeonmicrocap wrote:
Hard tro understand why we are still trading at these levels. Maybe a share buy back would be in order?