yes, that baseline LT multiple is about what i think as well and may be conservative as analysts begin to realize...RC needs for the refined coal facilities will extend beyond tax credit expiration assuming mercury,etc..regs remain in place.
I'd also look for even better multiples in the coming 3 years as the financials show explosive YOY/QOQ growth.Come on fleet ACI awards!
Md - If 100k+ is 'light' volume, what do you consider NOT-light volume? Our 30-day avg volume is around 80k. Yesterday was closer to 110k shares, 33% above normal.
Also a lot of talk on the board about the lack of trading in the stock. Most stocks trade between 1% and 2% of their outstanding shares. ADES trades at a bit under 1% so not all that far out of range. (and certainly MUCH better than the days when we traded a mere 20k/day)
I do agree that overall we need more volume...which would be helped by a forward split....I'm on board for that.
white - Meticulous detective work, Columbo
However, they disclosed that they were long and had no plans to 'TRADE' that position. (a very different meaning than 'CHANGING' their position. I interpret that to mean they would not turn around and SELL their holdings within the next 3 days. Doesn't mean they could not ADD to an existing position or establish new LONG positions.
he meant that they wait until AFTER the article came out to start pitching to their clients. frontrunning is the practice of buying up a bunch of shares in ADVANCE of news or analysis to get a quick profit.
1/26/12 connective capital story appears on yahoo news
Great exposure for ada. At the end of story they disclose they are LONG ADA with no intend to change position in the next 72 hours.
So my question to halv is. What do you mean when you say CONNECTIVE CAPITAL probably got on the phone today (1/27/12) with their clients and purchased shared waiting for the artice to come out. I mean , how could they be waithing for the artice to come out on 1/27 when it was already out the day before? 1/26
I'd like to see a 3-for-2 stock split ASAP...we need to start attracting more market makers...and quantity of shares traded daily is important for them to be engaged.
Plus, a stock split would show up on the radar screens of many traders, attracting the attention of folks who don't even know about ADES. Forward stock splits are often viewed as a leading indicator.