The serious money has started to move in. It is still a little early for the run-up to start but this sure helps.
securities 318...This stock will run up and three months from now it will be right back where it has been for a couple of weeks. This is not a stock for long term gains. The qualified dividend is great but if you hold for the dividend be on your toes to bail out before it drops a couple of dollars or more.
The question I have is why is AI so volatile. Yes, it is more thinly traded than most stocks but it trades at a substantial discount to book, its earnings are great, and it pays a substantial dividend which is, as you pointed out, qualified. At any rate, I believe that it is at least 10% undervalued and that some day the market will realize that it is a stock worth owning. Until then, I will just have to be content with a 13% yielding stock; a situation that I don't find too hard to accept.
Wishing you the best.
assetsecretary - -Thanks... for your input.... I agree with everything you are saying.... I am hopeful that the recent qtr... will generate more interest..and maybe AI can keep that upward trend going.... I actually bought a few more shares today.... Best of luck to you!!