What irked some about the age downgrade was the timing, advice for holders not to sell and that they might revise the downgrade after looking at the upcoming report. Why didn't they just wait to review earnings, then issue any opinion changes. It sounds suspect to me, of what I'm not quite sure.It may have just been typical ass covering in the unlikely event that the earnings were lumpy and not meeting every expectation this quarter. Big deal!
Fellas, fellas, fellas, (and gals too) How many times has this happened before ? Too many times to count. When the downgrades came at $17 I bought. and made money. When the downgrades came at 26 I bought. and made money When the downgrades came at 34 I bought. And made money When the downgrades came at 39 I bought. And made money
When the downgrades came at $49 and ACAS is still performing like a 500 lb gorilla and still has a low PE and is paying a great dividend everyone should buy this dip and stick it away and watch it grow for many many years to come.
ACAS is a great company with great people who are making us money ! Buy and Hold !
was nothing more than to get investors to sell off so institutions could pick up more shs cheaper before earnings. I just can't believe people that sell on downgrades with co's this good. Stupid! This has been the best performing stock in my port. for several yrs now and I be damned if I'm going to let a downgrade scare me off!