Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (688)	1/10/2002 7:31:59 PM
From: Bruce A. Brotnov	Read Replies (2) of 16631

ACF reported after the bell and met .91 estimates. This one was beat down by the rumor mongers from 62 to 14 on belief they would have more loan defaults in the weak economy. Guess what, the estimate didn't change during this period and they met estimates with a strong growth report just as they have been doing. I own this one and have been trading it from 15, but it should jump back over 30 very quickly. They have a conference call at 9 am EST on Friday and if nothing falls out negative in it, looks for a nice run in this stock. Current PE was 9 before the report. Bruce

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