Post by
alhiemstra on Mar 30, 2020 6:47pm
COVID-19
While the impact of COVID-19 has been minimal to date, there is uncertainty around its duration and the potential impact on future business conditions. Management is closely monitoring how COVID-19 is affecting Pivot's operations and is taking measures and precautions to protect and inform its employees.
Wish they had reaffirmed their commitment to the Dividend as I am sure this is a big drag on the price with a 15% yield.
Looks like they have bought back about 268,000 shares to March 27th. Anyone know if Echelon was buying today as volume quite low and price down over 6% indicating little faith in good results coming.
Hopefully we can get back to at least the $1.25 level we were at a few days ago!
Comment by
PatiencePays123 on Mar 30, 2020 8:08pm
They've committed to it on prior eranings calls many times and i am sure they will do it again tomorrow. great bargain price at these levels