We’re in the Fiscal Cliff: Out of controlled Spending is the fiscal fall. After the media dust has settled we’ll realize we fell in to the cliff several years ago.
The leftist news media, having strong ties with the financil instatutions, wants people to panic and sell so they can buy and cover their shorts.
What an opportunity again. Will ACI will ship more in 2013 than last year.
IMHO it’s Y2K all over again.
I’m long and will buy more ACI and adding to other positions today.
Merry Christmas and Happy Holidays.
Window dressing for money managers starting tomorrow. A 3 day settlement, no need to show new positions till well into next quarter, see more upgrades conceivably bringing us back into the teens soon.
Who knows if ACI will still be a publicly traded company by then?
IMO a deal, taking ACI private with an Enterprise share vale over $25 could be possible.
IMO substantially more volume kicking in tomorrow could bring us back into the mid $8’s this week or a bounce into low teens (wishful thinking on my part).
I'm just waiting to further build my position. I think its too early. This Cliff mess will not be resolved probably until the middle of January. I'm looking/hoping for some big down days once the holidays are over in early January (it will help focus politicians on reaching an agreement). That will be the big chance to buy in.
Looking for a retrace at least back to the lows reached last month after Obama won re-election. Still expect this stock to be a big winner for 2013. An early January dip will make the subsequent rally that much sweeter.
$7.00 or less who cares after today (futures and options expiration) ACI will IMHO will well over $8.00 again.
For me I'm in 2,000 at $7.30 and another $7.20 with a 12 cent dividend in February or 1.7% return with a potential equity kicker, I hope we come up to the fiscal cliff.
Old school used today “Triple Witching” where futures and options unwind. Al I have learned, never been disappointed buying into the AM dips early, tells me shorts will cover in the afternoon, or sell in the AM rally (not today).
Couldn’t agree with you more. Wouldn’t be surprised if we’ll be green in the afternoon.
I put a premarket order in of only 2,000 shares in for $7.34 at 8:15 and still no fill yet.
A bit of manipulation?