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Strategies & Market Trends : Value Investing
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To: Grommit who wrote (17569)8/15/2003 12:46:17 PM
From: Brinks  Read Replies (1) of 78920
 
ACAS I've owned and traded it for a number of years. I was an officer of a BDC for many years so I understand and appreciate the business model. ACAS is unique. I have not liked the cumlative unrealized depreciation in their portfolio. They have yet to demonstrate they can perform over a long period. Thus the jury is still out.

I believe this will still trade close to its 52 week low over the next couple months. That will be another great trade opportunity again.
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