Trade

Trade ticket:

ACLI Mar 20 2010 $20.00 Call 4.50 -1.00 (-18.18%)
Transaction: Sold to Close
Security: ACLI Mar 20 2010 $20.00 Call
Quantity: 4 contracts
Price: $1.50
Value: $600.00
Target price: $

Trade Note:

Closed this position as it climbed back from a loss into a nuetral trade. I like this company a lot. Market sentiment is just too negative in general. I will be back in this position. ACLI operates barge transports up and down the Mississippi. They took a small hit becase of a decline in the grain shipments but they are landing other contracts. They just landed a $100 million dollar contract. They are just now starting to see the fruits of thier purchase of a company that actually builds barges and performs maintanence as well. They also have a very high short interest so a short turn around should send this stock soaring when the shorts scramble to cover.

Posted about 3 hours after the trade

Trade

Company information:

ACLI 23.99 -1.20 (-4.76%)
Market cap 307.22M
52-week high 30.50
52-week low 13.65
10-day volume 86,000
P/E -314.88
EPS (trailing 12 months) -0.08
Share this! Report

Posted by Casey on 02/06/08 at 03:16 PM

Comments

You must Log In to post to this Trade Note.

Not a member? Register Now to …

  • See what other traders are doing
  • Make your own trades public
  • Share your thoughts on a trade
  • Join or start a group
  • Connect with like-minded traders