Sold to Close 4 contracts of ACLI Mar 20 2010 $20.00 Call at 1.50
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 |
Comments
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