American Railcar Industries manufactues, manages, and repairs railcars. This stocks is like a pair of pants in the drawer in which you find $50 you didn't now that you had. It's trading for less than the cash/share it has on the books. It's trading for about half of book value and a quarter of sales. Insiders (including Carl Icahn) own over half the shares.
Thursday, July 23, 2009
American Railcar Industries (ARII)
American Railcar Industries manufactues, manages, and repairs railcars. This stocks is like a pair of pants in the drawer in which you find $50 you didn't now that you had. It's trading for less than the cash/share it has on the books. It's trading for about half of book value and a quarter of sales. Insiders (including Carl Icahn) own over half the shares.
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