jon, I don't think the MD is buying for a quick 50 to 100% profit that would result from a buyback. Ross is in it for the long term. When SNX starts paying dividends he might sell some then but he is not in the same shoes of a trader that would benefit from a buyback. Rivkin IMO wants his members to make a quick 20 to 50% gain.....that's all. RR is looking for a R of Capital.
Of course the stock price will reflect the fundamentals in the long term. The MD has repeatedly said SNX is moving toward profitability. The Baltimore buy was a great move and IMO we will see the benefits this year. The government is and will be a big buyer of IT security and with SNX solid ties with it I see big things for SNX in the next couple of years....good luck. I hold
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $6.640M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.4¢ | $540 | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10026 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10026 | 0.054 |
2 | 40000 | 0.052 |
1 | 11950 | 0.051 |
2 | 39040 | 0.050 |
1 | 183000 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 20000 | 1 |
0.057 | 50000 | 2 |
0.058 | 50000 | 1 |
0.059 | 109456 | 1 |
0.070 | 17169 | 1 |
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