Ford Equity Reseach has just issued a "strong buy" reccomendation for AIR T. Book value is up to $11.50 and "relative strength" is also moving up.
I applaud Nick Swenson for his successful efforts with a focus on enhancing shareholder value. Present management has acted too cautiously and conversatively and has failed to move the stock out of the doldrums. The company has plenty of cash and a substantial line of credit. Why not utilize the cash to grow the company rather then park the money in a money market fund that yeilds nothing?