1)insiders are all buying (during october while the stock market was crashing) 2)the company is buying back $100 million in stock 3)exposure to high oil prices has been shifted to dhl. 4) the stock traded at $55 as recently as sept. 5 at which time the value line investment survey noted that the price was down 17% & stated that it created a favorable entry pont. 5) this has been a favorite stock of george soros in the past
If you listen to the archive replay of the presentation at the Stephens Investment conference there was a rumor on Wall St. that AAWW wasnt able to make a payment or something to that effect. It was laughed off by the presenter for AAWW. That caused the big 1 day sell off
With a recent DHL payment the company is sitting on $480 million in cash. No wonder the company spokesperson laughed off the rumor. The recent sell-off in Atlas, it seems quite evident, is related to hedge fund redemptions more than anything else.