Another buying opportunityNice to see yet another buying opportunity around 19.65 Notice the 11 million Shorts that still need to cover although 700K + fewer shorts than last reporting period. I think the big squeeze comes when ACI closes later this year for any who are paired long ACI and short ALA They may try to hold ACI hoping for at least the full 33.50 price or a better offer before the current offer settles.
But if there is a nice ER report or a div increase they may get taken by surprise. I think we ar ein buying territory now for anyone willing to hold for a one year time frame. IMO