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In my mind the option game is not an appropriate management activity. We are not buying stock in an investment company. Management should stick to the business it knows. Almost every time we see a company do this kind of fiddling, the wolves continue to chew up our investments. From 33 to 8 3/8 (close to where I bought) to 13 1/4 to 9 3/4. A deline of more than 30% in the last month. Management is paying itself hundreds of thousands of dollars and our investments are tumbling. I hope this isn't another S-3 (SIII).
David, thank you for sharing your point of view with us, but just give it a time. I don't know how to say it but I have a good felling about ULTK. Again I don't think they gamble, they know best what their stock is going to do.
Is it time to buy this stock back or is it going lower? Any ideas. Have they gotten their act together? Do we still have to travel to obscure places on the net to get any information? How about some new insider activity now that the stock is so "cheap."