InvestorsHub Logo
Followers 12
Posts 2484
Boards Moderated 0
Alias Born 06/09/2017

Re: mx10001 post# 56378

Tuesday, 10/08/2019 4:11:36 PM

Tuesday, October 08, 2019 4:11:36 PM

Post# of 70338
I'm not sure when (or if) I am going to take a long position on ACB again.

The sell-off from $6.60 pre-ER to today ($4 & change) was significant enough to tell me that there just isn't any fundamental support for ACB.

When ACB does go up - it is usually due to a short seller covering. And gains from short covering are not lasting gains.

I follow quite a few sectors and right now my tanker companies (think oil tankers) is really starting to heat-up because of the China embargo. So I'm focusing my attention on where I can make some money.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ACB News