I just wish I would have bought more GTSI. But you know, when the shorts & the pumpers get finished with it, and toward year end it may well fall to $3. SPOR...I scaled into it last time, then scaled out..and have been scaling back in. Good news is they have authorized another buyback. Wont start till after the 10k comes out.(?) I love the way they keep buying back stock but am a little perturbed at the LACK of insider buying. There was some last year but nothing since..
"TOMLINSON, ROBERT G. CB 50,000 B 7/19/99 $4.03 - 88,000 D 8/5/99 3. EVEREST, JAMES H. DIR 5,000 B 5/5/99 $4.75 - 40,000 D 6/7/99 4. NORICK, RONALD J. DIR 10,000 B 4/30/99 $5.31 - $5.16 - 63,167 D 5/20/99 5. EVEREST, JAMES H. DIR 10,000 B 4/29/99 $5.10 - $5.00 - 35,000 D 6/7/99 6. AUGER, STEVE S. TR 1,000 B 4/28/99 $5.06 - 1,100 D 5/11/ "
I understand they still keep in contact with the firm that was interested in buying them so time ago so i suspect eventually they will get taken out. From that perspective, I guess the share buyback means it may be awhile. They cant be buying back stock if they are in talks can they ? I keep thinking a big block is about to cross and they might mark it down to do so. Other than not catching the exact bottom, I see very little risk here other than "dead money" risk. |