RE:Comment on the "New Release" on Share BuybackShare buy backs are one of the best ways to increase the share price in the long term. A 10% reduction in the share count means the eps increases by 10%, and so should the share price. Great to see the company doing this kind of shareholder friendly move. The O & G stocks have been doing this for a couople of years now, and it has really improved share prices there.
Quarterhill has been a long time negative performing stock, dating back to the Wi-Lan days. The stock is lower now than it was 20 years ago. That's hard to do. I see in their most recent quarter they had a net loss from continuing operations of $4.2 million. They are now doing various highway technologies like tolling systems, truck weight verification, traffic management and speed cameras. I think DRX is far more likely to be a 10 bagger from here than QTRH.