JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: flightlessbird who wrote (953)	4/30/1998 12:09:00 AM
From: Pendretti	Read Replies (1) of 4230

Birdman, did the CEO told anyone how long he will be watching the game MM's are playing because he is so pissed off with the price of the stock. He told that he would eventually maybe use $ 1 mln. of the credit line to buy back shares, if I am correct. To buy back shares it is best for the company to have a low stockprice for now (did they already purchased the shares they announced to buy back, or do they still have to buy shares?). When the share buy back program is completed the company gains if the price goes up again because they have some more shares to issue (8 mln. shares at the end of the year). Maybe not only the MM's are playing a game but the company is also in it. Please correct me if you think I am wrong here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next