"I recommend a buy on APT. I believe sound fundamentals and an explosive technical setup makes APT a very compelling investment. As investors saw last October, APT is capable of volatile moves, both to the upside and to the downside. The fundamentals and technicals have aligned such that the risk-reward ratio favors the long side. I have a price target of $7.00 per share, implying over 150% upside from its current share price of $2.77."
I feel it it fall after the tender at which time I'll buy back in. The BIG question is what % of shares tendered will be bought? Any estimates??
This is what Herb wrote just last month:
"We expect to continue to pay a dividend going forward -- although, for the time being, at a lower level than for the previous quarters when the dividend was 0.45 USD per share."