In preparation for the week ahead I would like to look at oversold equities (RSI below 40) for possible earnings plays along with relevant shares short information. Use this as a quick list for possible short squeezes or value plays. The list for this week's oversold stocks reporting earnings can be found here.
(all charts courtesy of finviz.com)
May 14th
Groupon, Inc. (GRPN) - Everyone's favorite internet deals site is trading at $10.07 per share, down 51% YTD.
| Float | Float Short | Short Ratio | Forward P/E |
| 355M | 5.4% | 7.3 days | 13.4x |
(click to enlarge)
May 16th
Abercrombie & Fitch Co. (ANF) - The teen clothier is down 4% YTD, trading at $46.86 per share.
| Float | Float Short | Short Ratio | Forward P/E |
| 84M | 8% | 2.5 days | 10.4x |
(click to enlarge)
GT Advanced Technologies Inc. (GTAT) - The alternative energy company is off 19% YTD and is trading at $5.90 per share.
| Float | Float Short | Short Ratio | Forward P/E |
| 118M | 15% | 7.1 days | 3.8x |
(click to enlarge)
May 17th
Autodesk, Inc. (ADSK) - The software company is having a good year still up 21% trading at $36.80 per share.
| Float | Float Short | Short Ratio | Forward P/E |
| 228M | 1.5% | 1.3 days | 15.3x |
(click to enlarge)
Applied Materials Inc. (AMAT) - The innovative equipment provider to many industries is up 4% YTD and is trading at $11.08 per share.
| Float | Float Short | Short Ratio | Forward P/E |
| 1.3B | 1% | 1 day | 9.8x |
(click to enlarge)
Disclosure: I am long GTAT.
