Replies to post #22664 on Savvy Trades and Investments

[hweb2]

ACY does seem like a good low float candidate. Altho maybe the fundamentals are too strong haha. Who knows with these low floaters. Logic out the window. I saw TCCO spiking up to $4.50 premarket this morning on no news and thought THAT was crazy. Who woulda thought the stock would be in the $7's just minutes later. I should have been buying in the $4's! Hindsight 20/20. If I'd chased, sure it would have tanked back to $3 ha

[dmmm]

I like ACY actually. I owned last yr at 9.25 and sold I'm the 12s. I think it's likely I'll be able to do the same. This company is at such a low multiple of book that any asset sales (if sold at book - they have actually been able to sell above book) or plane crashes reimbursed at full value by insurance are actually a good thing. I have a decent sized position at 9.1. Willing to wait patiently until it happens.
All in my opinion.

[RNsidersbuying]

ACY 8.60 now - 1.63M O/S, .28 eps Q/1, $26 Book. Maybe they can surprise with a strong eps in the not released yet Q2 and get us one of these lowfloat rocket blastoffs?