I’ve been watching this stock for quite some time and finally pulled the trigger today and bought it. I’ve always been on the edge about this stock because of the bad retail environment but the better-than-expected consumer confidence index report today pushed me over the edge.
I think with the upcoming Holiday season, the improving [...]
I recently bought some ALSC stock at $0.23-$0.24 range. Again, this stock intrigues me.
First, ALSC has almost $60 million in Ambac Preferred Shares. These shares are illiquid so ALSC is stuck with these shares and can’t sell it to get it’s money back.
However, it’s suppose to provide a yield of about $0.02/share each [...]
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