Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

APPX- It's a long play for me. I have gone over their reports I can't imagine whty the huge short interest. Someone a while back predicted they would get hurt by some drug not getting approved or something but they sure seem to have strong growth with what they have and are fairly cheap.

That said, APPX wiggles a bunch so I wouldn't carry much of it. My comments are from fundamental viewpoint only. I'm thinking of selling here because I don't like the way it behaves and I feel that I'm missing something with the huge short interest. Selling here would give me a net profit from an earlier loss. That weighs on my mind too.

In closing, at this level I couldn't recommend it as a trade. I'm looking for market weakness and I believe we could see APPX have some profit taking- especially now that we have this downgrade. I currently have a trailing stop at 24.78.

Joe