Tag Archives: $ASPS

An $ASPS Squeeze Higher?

$ASPS's chart looked on the cusp of a possible breakout last week.   Going through recent financials and filings, I found a company on the mend, a possible turn around story.   I entered some April calls to take advantage of this potential move higher.   After doing some more research I found out not everyone held my same view.

Yahoo Finance show 83%+  of the float is the hands of short sellers.  That is a stunning number of shorts betting for downside.  The Klingon's recently  confirmed: $ASPS has the highest short interest of any stock this side of the gamma  quadrant.  

 

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