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home / news releases / ACY - AeroCentury Looks Overvalued Based On Fundamentals

ACY - AeroCentury Looks Overvalued Based On Fundamentals

AeroCentury Corp.
  • The company filed for bankruptcy at the end of March 2021 and new investors are buying $11 million worth of new shares at $3.85 apiece.
  • There could be significant retail investor interest as AeroCentury is popular on several social media websites.
  • The company is trading at $33.81 per share, its highest ever, and I think there seems to be a short squeeze going on.
  • Short squeezes rarely last long and I’m bearish.

For further details see:

AeroCentury Looks Overvalued Based On Fundamentals
Stock Information
Company Name: AeroCentury Corp.
Stock Symbol: ACY
Market: NYSE
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