RE:Interesting at least
Thanks for posting this.
I doubt this reflects any meaningful changes in GUD's potential. I doubt much changed within the past month. The only clear change, in fact, was the stock price, which creeped up a little bit. I'd bet a lot of money this has to do with this particular investor's style of investing.
My opinion of GUD, at least, didn't change a little over a month ago when he invested nor does it change when he sells.
The story remains the same:
+ as of right now, we grow at a good rate (profitably!) within our current portfolio,
+ as opportunities arise, we in-license and acquire,
+ in the meantime, we allocate the capital intelligently, which currently means buying back our stock.
I see no reason to think the story has changed, and the valuation remains roughly the same as it's been for a long time. :)