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Posted On: 01/07/2019 1:35:56 PM
Post# of 40990
Re: gopher broke #24130
I for one do not think the share reduction will be a catalyst. It will be a positive for sure, but SB messed up the potential impact of the reduction with his failure to come through in a timely fashion. Plus since the time the 1.4 Billion reduction was initially announced, about 1 Billion shares have been added to the OS. So wash wash essentially.
As I have mentioned before he should announce a share buyback. I know some may think that is crazy, but if they truly will triple revenues this year (and maybe more if PL deal really takes off), they can do anywhere from $4M-$10M in NET profit. They can just allocate 10% of net profits to a buyback and the messaging alone on that will be a huge catalyst for the share price.
As I have mentioned before he should announce a share buyback. I know some may think that is crazy, but if they truly will triple revenues this year (and maybe more if PL deal really takes off), they can do anywhere from $4M-$10M in NET profit. They can just allocate 10% of net profits to a buyback and the messaging alone on that will be a huge catalyst for the share price.
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