Thursday, October 30, 2008

DFNS NEWS IS GREAT!

Wow they really listened!!

DFNS came out with a buyback! YES YES YES! Wish it was a little bigger but hey I will take it.

http://biz.yahoo.com/bw/081030/20081030005833.html

$450k buyback if they got all the shares at .30 that is 1.5 million shares bought back.

I don't think they will buy them all back. But I think the bottom is now in. Even if the company comes out with a bad quarter with the buyback in place that is potential 1.5-2 million shares being bought back at lower prices.

Glad I was able to pick some up at .18!

Hopefully that is a good sign for Q3 #'s as well. Q3 earnings should be out by Nov. 14th!

enjoy!

Steve

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