They are having a grand ol’ time today, up 3% and breaking out again to new highs.
Anticipate them posting record profits as they have been expanding aggresively into new rental units, at a time when occupancy rates remain elevated and rent rates have been increasing.
CLP should also be on your radar, as they are basically a bigger, slightly less aggressive version of AEC. CLP has also been expanding but more reservedly.
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Hold the phone…
You’re long something?
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(laughter) Yeah, I’m actually net long.
I only sold out of MGM and scaled down BG, along with having a previous, ample cash position. Puts me about 30% cash, I’d guess. Then I shorted energy and oil.
I would be a fucking loon to go net short this market coming out of a recession. My plan is just to be resilient.
Nice pick on AEC, now sell it and move on, way too high in the ascending range…”>
No it’s going much higher