I've seen you on the twin message board. AE was easy at 20 i talked about the stock being so cheap back then. It had cash of 12 dollars per share, little debt or no debt and book value of 22. Someone actually was saying it was going back to 17. looking back that's pretty funny. the risk now is that it could easily drop 12 bucks in one day. my fear is that next quarter people will start selling. so basically the stock is quite risky at these prices. A far cry when it sat at 20 selling below book and nobody cared. Sometime this year it will probably find itself in the 30s again since the market will probably experience a 20 percent correction. if you are looking fro something in the energy field that is somewhat cheap take a look at GHM
I can't figure it out either unless somebody thinks that Iran is going to get bomb and oil prices are going to spike, which would benefit such a small outfit like adams. earnings were good but nothing to drive the price to where it is today. I guess you might get more bang for buck with ae if Iran is about to get bomb. that's the only thing i can think of.