But seriously Idle - I watched Dumb Money again last night. The Gamestop company was being taken apart by shorters when its fundamentals were solid. We are making money every single day, with great prospects - but we are in exactly the same position.
I have always said that if you are going to take a bite - then make sure it is a really really big one. Make it really hurt and a bully will never bother you again.
We do this and do it very well and it will send a loud message that we actually respect and care for the company we are invested in - and we are prepared to protect our interests, even if it hurts the hip pocket, but that part of the market will leave us alone in the future. If we don't do this then someone is going to give us 30% of what we deserve to have in an M&A. Besides which I want us to stay independent and productive in the years ahead - the only way we do that is to be too expensive to be bought out easily.
STX Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
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