You don't sell for much less than 52 week high which is 48 right now
The ANALysts that did the downgrade had their fill of Sun in the 20's as did I.
Thanks Jefferies sharks
They should take 45$ and no less.
Waiting for one of the big boys to step up and expand thier retail exposure. ETE would love the quick profit
Clearly did a sloppy job with facts and could have taken a short position or options expiring this week. Watch the price bounce back next week after Jefferies clients make their coin the corrupt but legal way.
SUN should call this dude out next call for his shoddy modeling f hey eat earnings
I will be collecting some covered calls at 30 and 35 and waiting for the real payday. Wash and repeat
We all can't simply be lucky by cashing in on a down day if you are so inclined. By the way the volume tells me that this is again purely a buyers strike and you are smart to cover.Even a blind squirrel collects nuts once in a while
Its called a buyers strike on a low float stock-Look at the volume which is telling. On a severe red day I am not surprised by the huge spreads and take down. Fundamentals remain intact. Talk to me next Q earnings
Why is this now microcap company still public. I would surprised if they do not get taken out given the technology and production in place. Certainly would be a rounding error takeover for one of the big boys.
I smell a burnt short spreding misinformation
ASPS will start buying stock again with this opportunity and to defend its price IMO
BTW Volume is not huge, more manipulation related with huge spreads
If ASPS hits 16 I will triple my position, But for now I just addedt this am at 29.
Thanks PIPER ANALyst
I'm very high on this company given the increased driving forecasts, improving retail metrics and ability to have excellent cash flow while paying debt. Also a great div yield doesn't hurt but I own at sub 30's