share go up 100%? So, first of all the economics price for Acorn should be around $15. Why $15? two reasons first one, after real estate deal company will have $55 million cash. Second P/E 10 for $6-7 million net income for 2016. You miss total the point! By buying back the massage was: The share price is UNDERVALUED! why? short attack! the company win twice! The company took the decision on last week when short quantity was around 200,000 shorted shares (cover after PR take it from $4 to $7). Today we have around 800,000 shorted shares! Think about the impact of $40 million PR of real estate sale deal that may get out on each day.
Sentiment: Strong Buy
ATV has decreasing revenues over the past 3 years. Their operating losses also balloon more and more each year too. Buying back their shares won't do anything fundamentally for the company except make them run out of cash faster.
Sentiment: Strong Sell
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i have never heard of this company..last two years i was working in shanghai..lol..you should take a look at the wonderful stuff they sell or posted on their homepage
I am going to short the boatload on ATV tomorrow. The stock should be trading at most $5 on the buyback news today. Watch it slowly decline there in a week or two like the last pump job ATV pulled a month ago.
Sentiment: Strong Sell
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went to a very profitable co. last 4 quarters TIK big growth & mandated military work for next 5 to 7 years. TIK has a 1 million share float & NEVER been played on big volume would easily pull a Acorn move
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