Nov. 22 at 5:34 PM
$CAPS is an interesting setup for long-term value investors/traders alike. High-risk, high-reward.
Supply & demand, that’s all this is.
• 14-Day RSI of 33.12 indicating oversold conditions
• Low/decreasing average volume, dipping below total short interest
• Price/Sales ratio <.1, indicating potential undervaluing if debts are paid & books are kept clean
• Low (~4 million on paper, likely a lot less based on volume) public float
• Institutional ownership up 477% MRQ
• High insider/beneficial ownership (3,733,077)
• Short interest ~400k, ~10% of the float
• Cost to borrow ~103%
• Shares available to short trending toward 0
• Potential positive catalyst with the closing of next (accretive) acquisition by 12/15