Prescience Point long AerSale, says ‘aggressively adding’ to position

Prescience Point reports that it is long AerSale Corporation, as the firm believes “imminent catalysts related to its transformative enhanced flight vision system,” AerAware, will boost the share price “beyond $20 in a matter of weeks.” The firm, which projects that adjusted EBITDA will nearly triple over the next 12-18 months, tells investors that it has “been aggressively adding shares to our position since the Q2 2023 earnings release,” while noting that the company’s executives “have also been aggressively buying shares.”