Post by
Dogsbreakfast4U on Jun 20, 2022 6:48am
Going private?
The company has been buying back shares at an extra ordinary pace the last few months. They have been buying the maximum number of shares under the recently renewed plan. Smith and Holland own directly or indirectly more than 5 million of the outstanding shares. Whether they will take the company private or not this buyback should put a floor under the share price around the current level. I jumped in last Friday as a lot of bad news has aleady been priced in this stock.
Comment by
DemDem on Jun 20, 2022 7:17pm
I agree. The best is yet to come. You don't buy stocks if you don't believe in them. This stock has potential, especially at this price. We feel that the action has stabilized and that it is trying to rise gradually, despite the headwinds of recent months.