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Atlantic American Corporation (AAME)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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307 reactions on $AAME conversation
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Top Bullish Charts | July 2021 💰💵📈
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Atlantic American is down 11.25% to 3.63
AAME Could be the next CARV The Shorts kept playing W the Fire then got blew to smitherines all the way to 40$+
80% held by insiders is great but paltry dividends and a sizeable drop over the past week.
Up good today but where is the news?
why did this drop???????
Bought 2k shares Friday afternoon for 4.76. Sold today for 7.27. Thanks
This has 80% insider ownership and 5% institutions. Biggest retirement system ClaPERS is in it as well. Earnings coming mid next week. There is high chance for this to keep going up next week.
I decided to stay.
This is huge...will end mid year at 30 easy.
Atlantic American cannot afford Hilton's leadership.
Hilton Howell, Jr. married rich. The primary reason he is President, Chief Executive Officer, and Chairman of the Board is because he married Robin. Robin's Mom, Harriett, owns 75% of AAME. Harriett also owns 100% of the Preferred (it pays a richer dividend than the 1% paid to the commoners).
AAME has a total market value of approx. $40 million, but Junior pays himself more than a million dollars EVERY YEAR. Under Junior's control, AAME has fallen from $5 to $1.81 in four years. AAME would have fallen even more had his mother in-law not supported the share price by buying 20 thousand shares in the open market (Aug. 2019 for $2.50).
In the last four years, AAME's share price has decreased 64%. During this time, Junior paid himself more than $4 million. Junior even pays himself $76,000 every year for being a director of the Company and its subsidiaries.
Atlantic American cannot afford Junior's leadership any longer. Junior needs to find another job. I think cleaning horse stables would be appropriate.
Welp, I bought in towards the eod on Friday, only 1,000 shares at $4.37.
Just gambling on the chance we see a small bounce before this keeps bleeding. Definitely not proud of this trade whatsoever in hindsight. Pray for me Monday morning lol.... will be looking for any and all exit opportunities in the green, big or small.
I bought at $12.85 and I am going to sell now and get the hell out! There is no indication that this stock will ever recover, or at least not any time soon. I think that the target price should be somewhere around $2.50-$3.00 I thought that I was getting "in early" on a good deal.... not so much.
Any professionals here? Please comfort us or let us know what’s the next step. I bought at $11.80 and i am panicking
NASDAQ is a failed exchange. A stock going up 700%, huge volume, and no news, but NASDAQ didn't stop trading to get clarifications from the company? What a joke.
Is this a good buy?
.. there are shorts stuck from Friday. Since mew buyers are aligning the SHORTS will start to cover in panic soon which will push this high and higher
If a catalyst comes meanwhile it will be a easy party.
How can a stock jump from $2 to $13 in 24 hours on a gigantic volume with no news whatsoever ! Someone is pumping this to part you from you hard earned money !
Someone please explain what am I missing ? Thanks.
tnx $ocgn! got back my lost from $aame im OUT
I bought at $11.80 and now I’m loosing ~$2,500. Should i sell?
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