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hweb2

07/16/24 1:37 PM

#114379 RE: researcher59 #114372

AP back over $1.70. Woohoo! Doing some selling. Surprised not more people trading this one...
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hweb2

07/18/24 2:38 PM

#114453 RE: researcher59 #114372

Started rebuying some AP on today's 15% pullback to the $1.50's. Will gladly add more at lower prices.
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hweb2

08/06/24 2:11 PM

#115037 RE: researcher59 #114372

I'm adding AP in the $1.30's. Earnings are 1 week from today. And we know they'll be good! AP preannounced Q2 earnings of .05-.10/share last month, and the stock rocketed as high as the $1.80's.

https://finance.yahoo.com/news/ampco-pittsburgh-corporation-provides-preliminary-211100251.html

We also know Q2 bookings were strong according to this PR (which never showed up on Yahoo)-

https://www.sec.gov/Archives/edgar/data/6176/000095017024082572/ap-ex99_1.htm

Really like our chances for a pop higher on AP earnings next week. Especially if they come in towards the upper end of that .05-.10 range. Even a .05 quarter would be quite a bit better than last year...when the stock was trading in the mid $3's.