This stock has always been fickle, at least since I have been here. I bought 15's earlier this summer only to watch it pop up to 22 for a day, then begin to retrace all the way back to 11.
Alpharidge has many custodianships happening right now. Just do a little digging around and you will see the price action on those. We are looking at a nice share reduction in the works here, along with a very attractive NOL that comes along with the purchase for the merging entity.
You can decide for yourself, but I'm expecting some nice returns from this one at some point. Alot of shares have traded hands here these last few weeks, and I think we in much better shape after this week of trading to move north. Just my opinion.
Best of luck!
$fcgd
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