$ASO ape here. Some fast fact DD for you all.
I am an ape. I have been an AMC and BB ape (although I have sold those positions… for a profit) and I recently made +2000% on WEN calls I bought just before they became a little meme.
Now I like $ASO. I’ve seen it getting a little action here so let’s talk about it. Note: I am not telling you to sell AMC, BB, or anything else. Keep those if you want to.
$ASO: Academy Sports and Outdoors – a great southern sports retailer. They IPO’d last fall and have sustained steady growth since. $ASO is looking like a fantastic long term stock, as well as showing potential for some memery. Here are some DD fast facts:
Institutional ownership = high, at 89%.
Insiders = buying recently.
Earnings? Over $5 per share and outperforming all estimates.
P/E? Under 10.
SMAs? Looking beautiful, staying on the upper end short term relative to long.
Shorts? Over 23% of float right now, with 4 days-to-cover.
What this mean to this ape? This mean I like the stonk. What do you think?
My ancestors are apes and so am I.
This is not financial advice.
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June 11, 2021 at 05:06PM