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#1 hiker

hiker

    independent trader

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Posted 16 December 2006 - 07:56 AM

12/15 closing basis

note price action vs. rising bottoms trendline

note this week's volume candle with the price decline

the float size is 9M, and 36% published short interest (shown below)

most of the price decline was Thursday, prior to the analyst downgrade on Friday...

bottoming action now in play or just a pause in the decline?



Posted Image


Share Statistics
Average Volume (3 month)3: 167,349
Average Volume (10 day)3: 389,500
Shares Outstanding: 13.69M
Float: 9.27M
% Held by Insiders4: 8.21%
% Held by Institutions4: 84.60%
Shares Short (as of 10-Nov-06)3: 4.02M
Short Ratio (as of 10-Nov-06)3: 31.2
Short % of Float (as of 10-Nov-06)3: 36.10%
Shares Short (prior month)3: 3.66M


UPGRADES & DOWNGRADES HISTORY

Date Research Firm Action From To
15-Dec-06 Ryan, Beck & Co Downgrade Outperform Mkt Perform
6-Jun-06 Sun Trust Rbsn Humphrey Initiated Reduce
1-Sep-04 Stephens Inc Initiated Overweight
25-Feb-03 Brean Murray Initiated Strong Buy


ASFI was trading up in the 12/14 premarket following earnings -

http://biz.yahoo.com...nding.html?.v=1