RE:RE:stupidSchowy wrote: It is frustrating, they did the share buy back when the price was in the .60's as they said it was undervalued. Now in the low .30's nothing appears to be happening.
Whats stranger to me is that the market cap is down to 22 million, you would think someone with cash would buy up the shares and sell off the assets as they are worth far more then 22 million.
I've been in this stock since it went public and this is about as slow as its ever been.
Anyone have any thoughts on what is happening behind the scenes?
I know they were looking at price waterhouse to set something up to realize the value of the real estate, but havent heard anymore on that.
<br /> Toby is the master of the buyback... I remember that one year where the buyback avg per share was higher than ANY price for the shares for the whole year... that takes talent just like the decades of failed buybacks have here. Buy with our profits and down goes the price. Management has NEVER cared about shareholders. Ever. Compete incompetence if that is a metric. The only important metric to me....