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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (47865)5/9/2012 10:39:09 AM
From: Area51   of 78744
 
I think ACAS used to be one of your favorites? Selling at 9.50 with NAV over 15 and debt less than 25% of assets I think it is worth a fresh look, and I added some this morning. Sells at a discount because investors buy BDCs for their yield, so I suspect that in a couple years when they reinstate the dividend investors will happily pay $18 for it.
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