The company decided to bump the A/S from 1150m to
Post# of 7769
Posted On: 04/28/2014 5:11:25 PM
The company decided to bump the A/S from 1150m to 300m as of the close it appears thaey have the necessary votes to facilatate this. ITS TRULY NOT SURPRISING GIVEN THAT WE ARE AT 135M OS CURRENTLY AND THE COMPANY IS TEARING IT UP IN COMPOUNDING. MY THOUGHTS ARE ITS A GROWING COMPANY AND IT SEEMS THEY WANT TO SET-UP AN ESOP PROGRAM. IT ALSO SEEMS TO MAKE SENSE IF THEY NEED TO DO AN ACQUAITION AS WELL.
IT DOESNT MEAN THAT WE WILL GO FROM 135M TO 200M OVERNITE OS IT PUTS US IN A POSITION TO TAKE ADVANTAGE OF AN OPPORTUNITY IF WE SEE SOMETHING THAT CATCHES OUR EYE.
IT DOESNT MEAN THAT WE WILL GO FROM 135M TO 200M OVERNITE OS IT PUTS US IN A POSITION TO TAKE ADVANTAGE OF AN OPPORTUNITY IF WE SEE SOMETHING THAT CATCHES OUR EYE.
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