Hello Mr. Goetz and all the rest of you Aldila holders on this thread. I have been in ALDA for some time now and this is my first posting. The stock is rising just like it did last year at this time, prior to the national golf convention in Florida. Check your charts. The IR at the company had no explanation for the violent up move this day. Last year, a group of brokers "ran" ALDA in front of the convention. Now, the IR lady said that American Brands rumors had started again. What rumor this is, I just don't know. Any input would be appreciated. It may be happening again now. The convention starts one week from tommorrow and runs over the weekend. Only this year the fundamentals are rapidly improving and the stock looks great technically; MACD, Stochastics, moving averages, ESA, and PV are all very bullish. May move to $6 per share by the start of the convention if the heavy volume level holds constant. Volume is like rocket fuel for Aldila, monitor it closely. Look at the 24 month chart and you will find that once or twice per year ALDA will run way up in price on 500K+ daily volume, as it is now, over a 2 to 4 day trading period. FYI, ALDA will announce year end and quarterly numbers on 2/5/97, and I expect .10-.11 for the 4Q and .33-.34 for the full year. IMHO, this issue is a winner. Good luck with yor investments. Gary, I find your comments and insights on ALDA quite helpful.
Jolly Roger |
