I have been long multiple times on options. Thought about going long again when it hit $78 but stock just acting strange. $72 would be my target to try a long position now. But CFO leaving without a replacement = bad news at end of qtr.
If the Chinese market continues the plunge CNTF real estate biz could be in trouble.
Could see 75 cents this week.
Altisource Portfolio Solutions: "I don't know. It does seem to have bottomed, but in the housing sector I am going with Lennar. That's my play."
Anyone from here? Traded about 59k right away at close price.
From my perspective I agree with cramer that it has bottomed. 30 seems to be a bottom. It will not take much fo set this powder keg off and push it into 40's
It is getting close. Looks like they are gathering shares for the run now.
Did you see that 34k ask at 32.80 get sucked up?
ASPS is on many radars right now. A breakout on heavy volume above $34 will bring alot of cash into ASPS. Realize this gapped down from $47 to $34 so that gap could easily be filled back up.
Here's hoping that this occurs tomorrow ,,,
to push it up to close gap from 47 to 34
I made a quick 2 grand this week on zillow. Find out if I should have held next week, If it falls to 86 again I will be right back in.
Earnings (being able to deliver on projections again) may be the only thing that can do it. With earnings not until August the Oct calls would be way to play it.