For reasons unrelated to investing I had to exit my ACAS position long ago (~$2 prices) and haven't kept up to date enough to have a feel for how NOI and NAV affect the stock price. My guess is that NOI has more of an impact, but NAV will have at least some. So, what are the guesses as to what will happen if ACAS announces, say, an NOI of $0.23 for Q4 and an NAV of $14? Those are my best guesses at the moment. I'm figuring they'll be on the high side of the NOI estimated analyst range, and recovered all of the 'loss' (unrealized) that brought NAV down last quarter.
Do you think the stock will stay about the same, or perhaps jump up to $9.00 or $10.00? Why? (the why is what I'm most interested in)
The market is showing optimism; almost the same type of movements as a post recession market. MLPs are soaring and so too NASDAQ. Both together is a very positive sign (except for US bond holders).
ACAS should move up nicely as long as there's no externality like Congress saying no to everything. Also, Q4 will be a huge impact negative or positive, not neutral. Hitting consensus will be a big positive.
I'm a small holder now. Just stepped in as it was at the top of my watchlist after reloading early January.