Jul. 2 at 5:43 PM
$GFAI For GFAI, the main driving force is the artificial intelligence trend. And I believe we are quite close to a new trend. I especially think that there will be new developments in 2027.
However, the current dilution of shares may make it difficult for investors to carry this stock upward, even during a trend. For this reason, if the buyback program is carried out in bulk at low prices right now, it could serve as a lifeline.
The lower the public float becomes, the faster the stock’s upside volatility can increase. If the CEO truly believes that the company does not deserve this valuation, he should complete the
$5 million buyback program and then announce another buyback program of around
$2 million to
$5 million at higher prices.
In the first buyback, the main goal should be to reduce the public float and decrease the number of shares. In the second program, the goal should be to accelerate the stock price upward.