The over-reaction today was unwarranted. I suspect that there was a fair amount of shorting tied in with a bad market and less then spectacular earnings. Nevertheless, glad to have picked up another 6500 "cheap" shares today.
Battered, bruised but ce la vie. AIRT will come back.
With.025 in earnings for 1st Quarter I believe it,s a great start with a guaranteed 17.8 million backlog. Im not even worried, but I think who ever bought today got a great deal. The divident now moves up and remember the float decreased which increases shareholders value. The company would of never bought back 2 million dolars worth of stock if the company is only valued at about 24 million. What company has a backlog of just about what the company is worth? Not microsoft not apple tell me one. These are the reasons that I bought Airt.