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ASO Analysis

Thanks for reading this!

We scraped data from Reddit every day for the past week to understand which one might have the potential to be THE NEXT one. What surprised me from the data is ASO. There were increasing discussions on it for the past week.

I collect all the posts and analysis from Reddit day by day:

On Tuesday:

Institutional Target Price from WSJ (Previous Close)

Avg: $27.78

Current: $24.27

Why it might be moving – search from reddit and news

Earning release, and it’s “$1.09 vs the expected $0.56” (by r/Lcarn2949).

It pretty much doubles its expected earnings.

And remember -- it is one of the most shorted stock, and we are going to see a very interesting move today probably.

$ASO DD Criminally Undervalued

$ASO is about to blow like $RKT did

The ONLY DD You Need on ACADEMY SPORTS + OUTDOORS $ASO - The 4th Most Shorted Stock With 91% institutional Ownership 🚀



On Thursday:

ASO:

Price:

Last Closed Price: $26.88; Institutional Target Price from WSJ: $30.67; Reddit posts price: $30

Summary on what’s going on:

As we mentioned 2 days ago, ASO got a lot of attention when it beat its earnings. People are excited today because they expect there might be a squeeze for this heavily shorted stock.

Academy Sports quick update - $ASO

ASO - Set to Short Squeeze 🚀🚀🚀

Watch out for possible moves before April 16h.


On Friday:

ASO:

Price:

Last Closed Price: $29.04; Institutional Target Price from WSJ: $30.67; Reddit posts price: $30

Summary on what’s going on:

Guess what? People are getting more interested in discussing ASO because it beats the earning, has tons of cash, and is heavily shorted. People on Reddit believe there could be a great upside because “Short interest is at 39%, public float is 31M and market cap is 2B, 9.1 days to cover”. There could be a major break before Friday next week. And here is a potential for a gamma squeeze. People approve this and they are in.


Today:

ASO:

Price:

Last Closed Price: $29.04; Institutional Target Price from WSJ: $31.33;

Summary on what’s going on:

More people post that ASO will blow very soon due to short interests. It looks a lot like RKT did in February. There are people who believe that ASO is criminally undervalued. The interests over ASO have risen since last week. Do keep a close eye on it!



By Monday 4/5, ASO is closed with $31.70

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