SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Randomm who wrote (1581)5/18/1998 12:45:00 PM
From: flightlessbird  Read Replies (3) of 4230
 
BTW - is it just me or did everyone miss that very important piece of news -- TGSK has completed its buyback!!!! 510k shares on the open market. HELLLOOOOO?????? Anybody looking for any more commitment from management as to how well they are doing?? Notice also they are deliberating on a further buyback (consistent with the Bristol press release earmarking $1 million for a further buyback as necessary). This is just my prediction (and hope) but I think we will see another commitment of 300-500k shares for a second buyback. It is my strong hope that this happens as I know that any shares bought back are considered the strongest hands possible and will not under any circumstances be giving back shares to the MMs as cover. I would much rather see another 300-500k bought up by the company than 300-500k bought up by small investors who might bail during a panic attack induces by another round of shorting. Anyway, no way to tell what Colin will decide on a buyback but my guess is that things are humming at TGSK and the stock price still lags well behind. Take the 510k buyback as the strongest signal management can send to us without telling us anything inside -- they are doing VERY well, they believe the stock will obtain a much higher valuation, they feel confident in a nasdaq small cap listing, and they expect SEC Form 10 approval. I think this piece of news today is excellent. And the fact that they are considering a further buyback means we may continue to receive excellent price support to limit our downside even further (as if it could be).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext