the people who invested at this point will have gained a very nice profit. The growth of a company like ACR is controlled by a simple truth. People get old, and technology will allow them to continue to do so in incredible numbers. The companies rapid growth is occurring for this
reason. Demographics don't lie, and while assisted living is down right now this companies growth plan just goes to show the extreme demand for
growth in the industry. Just kick back and let the money roll in.
You can't hurt this stock. This stock has already taken it's beating. When the rest of the market goes down people are going to take the safe bet and start investing in this stock. Like I've said before just kick back, and watch the money roll in. Best of all you can sleep easy at night while you're doing so.
Idostoch, you are right about demographics. I am at the front end of the baby boom, (51) and both my mother and my aunt have gone to live in assisted living (and both really like it). Being at the front end of the baby boom, I have always been the first one through most life events (buying a house to buying a Pathfinder), and then I read about "myself" in Time or Newsweek in one of those, "more and more people are . . . " type of articles. I'm already thinking about retirement communities because the big house just isn't necessary anymore.
I bought ACR because it seems one of the best run companies in the field - a good time to buy more before the Time magazine articles come out about "more and more people are living in assisted living."
It is time to ride this one back to the top of the chart. With the growth of this company I plan on keeping most of my shares even longer. This ride is going to be much more fun than taking a gamble on internet stocks. This company is growing and profits are increasing. The best part about all of this is you can actually see and understand why it is happening. I can sleep easy knowing I have made both a smart and profitable investment.