Alaska Communications Systems (ALSK)

[iheartweimers]

Thomson Reuters issued a detailed stock report on April 13
assigning a buy recommendation on an average score of 6
out of 10, the best for ALSK this year. The stock has an
earnings rating of 10 against the industry rating of 5.9 but the
mean stock price target was decreased from 3.38 to 2.88, with
a 12 month price target high of 3.50 and low of 2.25. This is
a marked increase since the stock has a 52 week average of
2.05 and has traded significantly lower since December 2014.
There have been four positive surprise earnings quarters in
a row, Thomson gave them a score of 10. Institutions own
20.5% of ALSK stock and I believe they are responsible for
the volume doubling today (467,272) over yesterday and the
close of 1.90 (up .10)
I have believed ALSK has been undervalued for some time
and took a initial position in Oct 2012 at 2.31. I added quite
steadily and sold one-third of my shares in Aug 2013 at 3.21.
Should have sold them all, but crystal ball wasn't working
as it went South and have been deep in the red since. I did
add 500 shares around 1.55 and of course was tempted to
add near the low 12/04/2014 of 1.18 but nobody knew where
this was going to go. Or that it would go from the 52 wk low
to the 52 wk high in 24 hours. Alaskans are crazy and now I
know why.