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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: bophilips who wrote (15580)1/15/2003 5:45:06 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 16631
 
Does anyone follow NLS (Nautilus Group)?

Not until you mentioned it, but you raised my curiosity. I'm not what you would call a fundamentals wizard, but I took a look and found some interesting numbers

Shares outstanding- 32.555 Mil
Float- 29.120 Mil
Institutional Ownership- 22.224 Mil with only slight decrease last quarter; 371 institutions
Short interest- 9,263,850
Price to book- 2.58 (Tangible 3.01)
Debt- None

So it looks like the entire float not held by institutions has been shorted, and then some. The recent sell off is probably in anticipation of another route because of the warning of a small (in my view) earnings miss.

biz.yahoo.com

It's an interesting case. Maybe some of the more fundamentally inclined can explain why this stock is so unattractive.