The numbers for the Short position after the CR are out.
Contrarily... I am somewhat pleased to see the short position stands at an all time record on the 2 November... not only did the little darlings not get out using the CR but now they are even deeper. ... a touch over 10M shares (10,136,325). ASM now stands #15 in the top 100 shorted stocks.
Why am I pleased? 1) They didn't get out at our expense and 2) ASM still has a substantial forced buyer if the table turns unexpectedly .
The SP doesn't reflect reality (not even close). ... don't be fooled by the current SP. There is deep value here....IMO.
ASM Price at posting:
$1.75 Sentiment: Hold Disclosure: Held
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