I thought I would set out a few reasons why existing Neu shareholders should love the buyback . 1. Our group which has influence over 20% of the stock are very excited in the company buying stock at circa 50 cents in the dollar. 2. We believe the company’s internal valuation is at least $26 plus .pre endpoints and new indications . 3. The meeting with the FDA re endpoints is only about 1 month away now . 4.New indications are reportedly very soon. 5.The more the company buys the harder it is for the shorts to cover their position, still over 5 mill short and when we have good news on the above the shorts will be jumping over themselves to buy back the stock .
NEU Price at posting:
$12.70 Sentiment: Buy Disclosure: Held
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