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ACAS
Strong Buy 
 23.08%
3 members
Buy 
 23.08%
3 members
Hold 
 15.38%
2 members
Sell 
 23.08%
3 members
Strong Sell 
 15.38%
2 members
 
Average rating: 2.85 (Strong Buy) 1.00 - 5.00 (Strong Sell) Total: 13 members

Annual growth of ACAS:

NOTE: areas highlighted in blue indicate that this user is sharing the highlighted information with their private group ONLY

Jun. 27 2006, 3:41 PM ET
Nearest price: 32.87 (06/27/06)
by radsdad2 (profile)
(all of radsdad2's ratings)
rating:
Sell
(Previous rating: Hold,
on Jun. 1 2004, 1:44 PM ET)
heard that they have become arrogant and are driving off new business, also heard they have some bad paper heading their way.

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Currently: 
 1 said yes (of 1 -- 100.00%)

 
Oct. 23 2005, 10:14 AM ET
Nearest price: 37.03 (10/24/05)
by JJR (profile)
(all of JJR's ratings)
rating:
Hold
(Previous rating: Hold,
on Oct. 23 2005, 10:10 AM ET)
[ Comments shared with private group only ]
 
Jan. 2 2005, 11:47 AM ET
Nearest price: 32.96 (01/03/05)
by scuttlebut (profile)
(all of scuttlebut's ratings)
rating:
Sell
(Previous rating: Hold,
on Sep. 11 2004, 11:55 AM ET)
Stock is up a bit after my change to hold from buy. But, price is more vulnerable to disappointments and other kinds of bad news, like the criminal investigation of its brother BDC, Allied Capital. The last fundraising, which included a forward sales contract, looks a bit too good a deal for the underwriters and the issuer, who win no matter what happens to the price during the term of the contract. If it is so good for them it must be not so good for the stockholder (stuckholder?). Sounds like 2 hedgers against 1 hedgee. Let this go.

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Currently: 
 3 said yes (of 4 -- 75.00%)

 
May. 14 2004, 07:48 AM ET
Nearest price: 25.53 (05/14/04)
by bankshot (profile)
(all of bankshot's ratings)
rating:
Buy
(Previous rating: Sell,
on Apr. 12 2004, 11:27 AM ET)
[ Comments shared with private group only ]
 
Oct. 15 2003, 11:27 AM ET
Nearest price: 25.47 (10/15/03)
by fice (profile)
(all of fice's ratings)
rating:
Hold
(Previous rating: Buy,
on Jul. 1 2003, 9:21 PM ET)
[ Comments shared with private group only ]
 
Jul. 18 2003, 10:18 PM ET
Nearest price: 27.70 (07/18/03)
by corvettekid (profile)
(all of corvettekid's ratings)
rating:
Strong Sell
(Previous rating: Hold,
on Dec. 12 2002, 3:49 PM ET)
July '03 Update: If JJR is out of it, I should be too (lol). Seriousley, rising rates can't help from here forward. Not sure if this is a short, but easy money has been made and if things continue positively, less risk in basic thrifts. Keep ACAS in your mind when the cycle goes rotten again, but for now, time to dump the leveraged plays.
______________________________________________________

I'm venturing a bit off the reservation here because my knowledge of ACAS is not as in-depth as I would like. But I am familiar with their method of operations, and having seen these kinds of leveraged vehicles implode in the past, I certainly see why Herb would put out the STOP sign.

At the same time, guys I follow and respect like Hi and JJR think very highly of the stock.

What to do? Well, if it was early in the cycle -- which is when you want to own a stock like ACAS with maximum dividend streams and cap appreciation still to come -- I'd say BUY. But this late in the cycle, well, they say that those who don't learn from history are destined to repeat it. But ACAS has solid management and I think they are less likely to suffer the problems others had once rates turn up and/or housing turns down.

I think that with interest rates unlikely to spike up big, and with the Fed on HOLD, I think I feel comfortable staying away from the SELL recommendation and immitating the Fed.

HOLD

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Currently: 
 1 said yes (of 1 -- 100.00%)

 
Feb. 3 2003, 5:54 PM ET
Nearest price: 23.08 (02/03/03)
by LUNCHEATINLOCAL (profile)
(all of LUNCHEATINLOCAL's ratings)
rating:
Buy
The yield alone makes this worthwhile in todays low interest rate environment.

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Jan. 4 2003, 11:40 AM ET
Nearest price: 23.74 (01/06/03)
by cygnus (profile)
(all of cygnus's ratings)
rating:
Strong Buy
nice buy for the new year. dividends are making a comback anf this one will at the forefront of the revolution. They know when to hold'em and know when to fold'em (for a profit)

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Dec. 25 2002, 7:15 PM ET
Nearest price: 23.75 (12/26/02)
by uliana (profile)
(all of uliana's ratings)
rating:
Buy
Great dividend, that I believe is sustainable. I increase the income by selling out of the money calls. Sold some out of the money puts as well - and got to own more stock :-) when the smart boys attacked ACAS.

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Dec. 12 2002, 4:59 PM ET
Nearest price: 21.55 (12/12/02)
by kmetviner (profile)
(all of kmetviner's ratings)
rating:
Sell
[ No comment ]

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Nov. 22 2002, 10:18 PM ET
Nearest price: 20.23 (11/22/02)
by jordan (profile)
(all of jordan's ratings)
rating:
Strong Sell
[ Comments shared with private group only ]
 
Nov. 22 2002, 3:05 PM ET
Nearest price: 20.23 (11/22/02)
by l8rdudez (profile)
(all of l8rdudez's ratings)
rating:
Strong Buy
The two most important words that you need to know about ACAS: Growing dividend. Currently yielding over 12%.

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Nov. 22 2002, 12:55 PM ET
Nearest price: 20.23 (11/22/02)
by horn (profile)
(all of horn's ratings)
rating:
Strong Buy
[ No comment ]

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