Jacksonville Bancorp (JAXB) is in the midst of a rights offering that I’m interested in following. The document describing the offering can be found here. One reason I’m interested in this offering is that it has similar characteristics to an offering we followed a short time ago in EVBS. The EVBS rights offering, and subsequent […]
Continue reading
For those of you who followed our AERL trade based on the rights offering, we are taking profit on the majority of our position here. We bought the stock at an average price of $3.35 last week into the expiring rights offering and have now made 19% in just four business days. Note that this […]
Continue reading
I was asked to expound on a comment I made today on www.stocktwits.com concerning AERL. I believe being long AERL into its rights offering expiration this Friday is a low risk, high probability trade. I am currently working on a free report that will be a given away on this site when signing up to […]
Continue reading