Post by
Johnwith30years on Jun 03, 2021 10:24am
Anyone ideas on why higher last two days
in particular? Is there a repricing of assets going on - given pipes in the ground are hard to get approval for. ?? Why now this upward movement? Thoughts?
Comment by
BSdetector2016 on Jun 03, 2021 10:29am
Increased margin allowance may have something to do with it. I suspect that people are scurrying around looking at charts for anything that looks like a Covid recovery stock even though ALA isn't. It is recovering from long-term management damage as per the 5 and 10 year charts.
Comment by
jeffpei on Jun 03, 2021 11:02am
Could it be short covering ?
Comment by
Johnwith30years on Jun 03, 2021 11:32am
Hard to tell in advance of the numbers coming out but possibly or larger funds thinking there is a repricing of assets upward as more buyouts are occuring or as I said pipes in the ground are considered hard to get approval to replace. Or opening up and flourishing of export ,arket..?? Regardless for thos eof us who averaged down and rode it up - no complaints,