well fellas, somebody asked me, so here are my thoughts on this stock.
Some of their aircraft are broke, hence the downgrade today.
I bought in yesterday at 27 myself. Today, a few LARGE blocks got traded out, incredible activity for this stock which I've only been following for a couple of days. I got in at 22, and sold at 22 3/8 for a small profit. It is trending down for the rest of today. This may be a good entry point, and enter again for larger position at lower price.
ATLS has interesting business model, and some seem to like it.
The path of least resistance today is downward. I suspect that I may buy more around 20, and average up, but for now, this is it. Performance sucks, but that isnt to say that things will be this way forever.
what I want to know is: HAS ANYBODY EVER VISITED ATLAS'S FACILITIES OR SEEN THEIR PLANES IN ACTION? ENQUIRING MINDS WANT TO KNOW!!
lets be careful out there. |
