[Monksdream]

ASPS new 52 lo

[DarthYoda]

Wow, 27% down today and still dropping. They announced $20mil worth of new dilution today. Ocwen&Altisource should both go to zero and be delisted...

[DarthYoda]

SCAM company!

[DarthYoda]

FRAUDS-"Ocwen and Altisource try Rebranding to Deflect from a Decade of Financial and Regulatory Abuse in the lucrative Eviction of US Citizens from Real Estate Repo Man Business and all done from Offshore as William Erbey ditches USA to evade Taxation, now residing in St Croix with Tax Haven Luxembourg meaning his corporations don’t pay much, if any, US Taxes."
https://lawsintexas.com/alter-ego-altisource-rebrands-group-of-companies-to-create-more-smoke-and-mirrors-and-illegally-earn-founder-william-erbey-billions-off-of-homeowners-in-usa/

Altisource Portfolio
Headquarters: Luxembourg

[DarthYoda]

It's amazing how there has been so much fraud, and penalties, and court cases, but no one ever gets their stuff back. Nope. Just fines for the feds to collect and these guys keep on with the scams...

ASPS+OCN are both scammers...peas from the same pod...

"Ocwen Spins Off Altisource And Becomes Its Primary Customer":
https://www.saxenawhite.com/wp-content/uploads/2018/12/Altisource-Fourth-Amended-Class-Action-Complaint.pdf

[DarthYoda]

ASPS is a company you want to invest in if you really want to empower the scum of the earth. These people exist only to terrorize and scavenge for anything not taken with. They hire absolute shit from the streets of who knows where to bang on doors in the middle of the night. They sit outside and take pictures of you day after day, week after week, while you wash your ass. They are creeps and thugs to the extreme.

[DarthYoda]

These people use unclaimed towed vehicles stashed under Wacker Drive in Chicago with the addition of fake paper license plates from out of state. I've seen orange Texas tags mostly. Fraudulent operation from beginning to end. Enemy of America.

[DarthYoda]

Well well well, if it isn't altisource. These guys are like the ground troops for Ocwen and others. These guys send all kinds of trash people around America terrorizing homeowners. They are the worst of the worst. Absolute enemies of the people 100%.

[temeku999]

Anyone know why ASPS is skyrocketing today?

[temeku999]

Anyone watching? ASPS

[temeku999]

Are peps finally noticing ASPS? Been a great play the last 2 years. Will be even better going forward.

[temeku999]

Still holding ASPS? Not great at this, but almost looks like sellers are done. What are you thinking?

[temeku999]

Interesting trading going on today. Humm?

ASPS

[temeku999]

That's what I thought you ment. Was not sure though. Was not expecting anything great to come out on 3rd quarter. Looking for forward looking perspectives.

ASPS

[BOS]

Slight ER miss, was expected

[temeku999]

Don't understand.

[BOS]

Expected miss

[temeku999]

Close at high of day! Humm?

ASPS

[temeku999]

Just noticed the nice cup and handle on the yearly.

ASPS

[temeku999]

I guess they report on November 4th and a conference call at 11am edt

ASPS

[BOS]

I think it’s strong with recent asset sale but expected. Company seems to be waking up with more updates. I truly believe it’s up from here. Maybe we see REO numbers a little closer or guidance

[temeku999]

What's your take on tomorrow's Quarterly? Think it will have an effect on the pps?

ASPS

[temeku999]

Looked at trades. Looks like 2 form Ts. A sell of 1000 @ 14.50. Don't understand how it's a sell when it's almost a buck over close. Then there was another form T buy 100 @14.99.
Not quite sure what all that means or means for tomorrow. If you know, please share.

ASPS

[BOS]

Less than 2000 shares moved it. Probably nothing and resettles in am

[temeku999]

WTF?? Do you know how many shares or why?

ASPS

[BOS]

Dang nice after market move

[temeku999]

Iv been buying. Have a very health chunk. Will just keep buying!!
ASPS

[BOS]

I like when they dip it ahead of ER … usually take lotto calls

[temeku999]

Taking a dump today, but volume is so so.

ASPS

[BOS]

Still in bull flag - just consolidating

[temeku999]

Two blocks @ 14.00 today. First one for 6000 shares, bought quickly. Awhile later another 5000, almost half that bought now. Interesting, very interesting!

ASPS

[temeku999]

Any thoughts on Zillow stopping it purchases oh homes? Do you think Zillow sees this housing market headed down?

[temeku999]

Quarterly chart, sorry. Asps

[temeku999]

I thought we would have a pullback to the upper 12s, like 12.75. Two weeks to go for the quarterly. Let's see!!
ASPS

[BOS]

Man you get a quarterly chart this oversold, it can scream imo. With only 9M float wouldn’t surprise me to see $30 in a month

[temeku999]

Think we hit the 17.00s soon? ASPS is acting like it want to hit the next resistance point @ around 17.25.

ASPS

[BOS]

Beast

[BOS]

Agreed. My crypto comment is more about story narrative to add onto this which I think a lot of people in RE space are waiting for in years ahead but not sure it’s a big revenue driver unless they develop their own tech for this system.

Hubzu is a great product for them, not as big as Xome but was seeing more outside servicers contracting with Hubzu until Covid. I think online auctions will play a huge role for REO in the next 2+ years to move these files through faster

[temeku999]

Same here, a few years play. I was trying to say, I think we get our first glimpse of the sale of the sub company in the 3rd quarter future projections. In the 4th quarter report we start to see smaller losses per share. That, I think, will be a spark that starts the fire and the move up. Not going to happen overnight, but will happen over the next few years.

ASPS

[BOS]

This is slowly going to go back over $170+ imo. We won’t see a bubble burst but demographically speaking market is going to likely go up into 2024 but we will see foreclosures normalize back to Pre-Covid. I expect to see a huge push into the market Q1 2022 in REO inventory then likely see stronger balance into 2024 as it increases. Remember we have a ton of boomers downsizing and “moving on” over next 10 years.

This is a solid long play for me

[temeku999]

Always good, but looking at our main goal, forclosures! We have enough capital to survive for quite awhile. With forclosures starting to hit the market, I can see a good 3rd quarter 10Q perspective and a much better 4th quarter revenue. ASPS is almost on autopilot right now. Just hope we are not in a twin engine over San Diego right now. JK from yesterday's news.

ASPS

[BOS]

Thoughts on them adding crypto piece. Step in great direction

[temeku999]

Sounds good to me. Have seen REO listing on the rise. The wheels are in motion.

ASPS

[BOS]

Word is REOs will start pushing through end of this Q

[temeku999]

200,000 volume in the first hour. Not bad, not bad at all!

ASPS

[temeku999]

Beautiful day in the neighborhood!

ASPS

[temeku999]

Looking for a nice bump up next week. Everything is looking good for ASPS.