Applied Optoelectronics Inc (AAOI)

[Redundant]

Check out the amount of stock short at this point. You think they would have covered but Schwab is showing the percentage if a staggering 55%!!

on the other hand, three filings show 3 directors/staff are still selling. Why would they do that if things are getting better?
granted it's only maybe 10% of what they possess but it's also filings over the last 10 days.

Either the shorts are extremely greedy and the insiders just needed a little cash....
and therefore some tangible good news could send this soaring back up...
OR...some know or believe that there is more weakness in sales ahead or the competition is gearing up or
whatever....and are looking for a second thrashing.

I am willing to stay at the table with my AAOI position and even modestly add to it. With all the lawsuits out there, it's hard to believe management would conceal information from public scrutiny at this point and risk serious legal issues, beyond those suits associated with the positive press release a few weeks before the negative conference call surprise. Since the selling is limited to 3 partial sellers, any evidence that the overall game plan is on track and projections will be met could send the stock up significantly when the shorts have to cover.

Just my opinion for my own investment. Not trying to give advice to others.