August 11, 2009

Net Current Asset Stock ADPT

ADPT has $370.2 mil in net current asset value and a market cap of around $350 mil. The stock just traded higher today amidst today's market beating.

There has been some heavier buying recently as the volume spikes tell. If and only if it trades and closes over $3.00 per share for a couple days I feel like it has a good shot at $3.60

full disclosure: no position