While code 14 remains in effect; there is some more news on EM 600 lookee here;
Net income $20,870 $16,719 $35,429 $17,963 WEIGHTED AVERAGE COMMON
SHARES OUTSTANDING
Basic 9,660,750 9,545,109 9,643,252 9,516,219
Diluted 10,206,067 9,710,842 10,115,652 9,647,379 Basic earnings (loss) per
common share:
Income from continuing
operations $2.11 $1.74 $2.46 $1.96
pretty good numbers! and Company announced 2 million too a stock buy back further reducing the public float.
This morning a 52,000 share block went down......the stock went from 3.50 to 4.00 on this buy.....however, there was a 50cent markdown on 300 total shares before the block arrived.
Congratulations to someone for another sleight of hand or is it sleight of mind?
Let me tell you something....Whoever filled the order of the companies buy back.......they desked em.....never located a share......and this is the disease of this trade. |
