joe
sellers will stop being sellers when they have confidence in the mnagement and performance of the company. NO amount of buybacks will stop selling if the underlying business doesnt perform to market expectations.
If DCI was doing $100 million in revenues and say $5-8 million in net profits, translated into say 16 million shares, then I can assure you there will be little if no selling of shares.
CASE IN KIND >>>>>>SMARTALK... using all their available cash to BUY distribution and revenues, sales of cards rising, more air minutes being decremented each month/quarter, rising margins and increasing market share. RESULT,,,, a stock that rises day by day..!
I can list you 100 + companies that are performing and producing the same way as Smartalk. PLEASE NOW SHOW ME 1 (ONE) COMPANY ON THE OTC/BB thats buying back its own stock, (with limited cash resources) and paying a dividend, with revenues circa $20 million.(RISING)
As you point out, management has decided otherwise, so the above thoughts are JUST MY STRONG OPINION.
MJZ |
