share buyback is the bad annoucement for ptd, eventhough they got planty of cash. what they should do is either make the business growe bigger and stronger by reinvest into different projects or paid more dividends to shareholders. If they have not annouce the share buyback it will have reach $2.50+ not $1.60 now. Anywhere, it is good to see ptd have make good progress recently, let sit back and watch. Now $1.60 is still cheap, remember the last director's interest, they have bought it over $2.00 before the share buyback annoucement.
PTD
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