Posted by: cutenepali April 30, 2009
NewStock Watch List
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ACAS & ALD


I have been watching these two stocks and bought when they were around $1. It was a risk but working in a private equity for a while, I know thing or two about how these company will turn around..Now with MTM rule gone their balance sheet look better now..I know they are still going through their debt covenant negotiation with debt holder but I have seen some private companies who have successfully negotiated their covenants with debt holders..I'm at this point very positive that might happen with these two companies....if that happens these stocks will fly through the roof..their earnings is coming up soon in next week we'll get better idea ..let me know ifanyone else is following these two companies..i have sold 1/2 of holdings but i still own in my 401K and significant amount in my current portfolio along with BAC, C , BCS, YGE & JASO. These are my longs meaning i won't touch them for another year or so..I also day trade FAZ, FAS, BAC, C among others becase of very high volatility ..i'm having good fortunte lately with these stocks....


Nice to see eminitrader back..welcome back..

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