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Message Boards Settings Atlantic American Corp. (AAME) - Quote Info
Re: This is a real bargain right now...intrinsic value is huge      2-Nov-09 10:58 am    
bighoper,
To find how many shares were bought back and at what price we have to look at the balance sheet and the statement of cash flows when the new quarterly earnings are released...The bottom of the balance sheet shows how many shares are outstanding...as of June 30th 2009 they currently have 22,374,000 shares outstanding... under financing activities in cash flow statement for the last quarter they purchased 0 shares during that quarter. On sept 18th 2009 the company said they wanted to buyback shares that were they were already authorized of up to 500,000 shares. So, when earnings are released in november you have to play detective and comb through their statements to know what is actually going on. Since this is such a low volume stock...my bet is it will take them awhile to complete the share repurchase plan probably many quarters down the road. GLTA


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  Subject Author Rating Time of Post (ET)  
 
AAME is selling for less than their current cash in the...
joseywhales... (1 Rating) 30-Oct-09 12:20 pm  
 
Good summary. Do you know where to find out how ma...
bighoper Rate it 2-Nov-09 09:43 am  
 
Re: This is a real bargain right now...intrinsic va...
joseywhales... (1 Rating) 2-Nov-09 10:58 am  
 
Agreed everything about this company is ...
marketlover... Rate it 9-Nov-09 12:22 am  
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Atlantic American Corp. (AAME)

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At 10:38AM ET: 1.18 Up 0.16 (15.69%)
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