I still think the company is worth more than it is, but after some shareholder activism, and rejected buyout offer, proxy war, etc. It seems the current bonehead management is quite entrenched, so it might take real patience to unlock value. I am moving my money somewhere else, while looking closely at AVCA for any potential upside catalyst. By the way today's (May 21) downward movement in the absence of news was quite interesting, (down to close to 5% at the day's low). Maybe hangover from proxy result, or investors, like me are out of patience?
$12.68 (05/21/07)
