Hey Vanheus44, I bet you're wishing now you had bought ARCO's Pre earning! Arco closed today @ $15.46 and ELLI @ 22.73. Lets take a took at where these two were on April 30th and where they are today May 20th.
ARCO April 30th @ $13.62 and May 20th @ $15.46 That is up 13.5%
ELLI April 30th @ $26.02 and May 20th @ $22.73 That is Down 14%
I bought last summer at $13.40. I have been holding since. I am hoping to see $20 by the end of the year. Last quarters earnings report was positive and moving in the right direction. I dont see why it wont contiune to climb slowly, but this is just my opinion. Hopeing for the best!
Does anyone have any insight as to what the 1st quarter earnings report might show? This past year has been fairly flat with no major movement up, its about time that ARCO has some good news and joins the rest of the market on the way up!