Anyone have the lasted short interest in APM. Lets say they only make 1.70ish or so for the next year (they made good cash the past 4 qtrs which lets you know what kind of assets they have), with a large short interest, I would think this is a prime canditate for a short squeeze. Especially since the hard drive co.s seem to be bottoming out. From my perspective, shorts like to wait for the last dollar and never seem to get it. A stock that just earned 66 for the quarter can by whatever technology it needs.
I don't own it yet, but having been around long enough, I have seen stocks with earnings like this turn on a dime. After all, we're not talking about .03 cents or a dime. 66 is decent stuff, that's net of paying thebills, the salary, the r&d,etc.
Any thoughts?
If anyone knows the short interest, please post it or email it to me.
Thanks
steve@yamner.com |
