Post by
Notgnu on Nov 23, 2020 3:16am
In stealth mode
AKT seems tobe flying well under the radar.
I am betting AKT wins (surviving is winningthese days)
In which case they will be anywhere from a 3X 15X win
(based on 2 yr ago price.)
Insider ownership is over 23% and institutional ownership is over 50%
Trading at about 7% of Tangible BooK Value
Debt is reasonably lo
I have about half my target position and will by more every week or two now through to the end of year unless something drastic changes
FYI my other stocks (picks) that I continue to like are NWHM (on NYSE), NCU, TOT, HWO, and I started a small KRR position.
GLTA,
Notgnu
Comment by
Notgnu on Nov 23, 2020 12:40pm
I think the long term thesis is intact. The share price can spike up or down violently when the volume is so low. I just accumulate when I can snipe some. I will not chase it up (or sell) unless I see some major change or problem with my macro outlook here. That said AKT is trading at barely more than scrap value... kind my specialty. Look for unloved jewels in the garbage dump. GLTA, Notgnu