Altisource Portfolio Solutions SA (ASPS)

15.96
0.90 6.00
NASDAQ : Finance
Prev Close 15.06
Open 15.31
Day Low/High 15.14 / 16.32
52 Wk Low/High 6.00 / 23.58
Volume 195.20K
Avg Volume 165.20K
Exchange NASDAQ
Shares Outstanding 15.57M
Market Cap 231.69M
EPS -19.30
P/E Ratio N/A
Div & Yield N.A. (N.A)

ASPS More Exposed

I'll be adding to Ocwen. It seems to me that Altisource Portfolio Solutions (ASPS) (the beneficiary of the alleged overpayment) is more exposed to the Lawsky news than Ocwen (OCN) should be. So, I am adding to Ocwen at $26.90 or better.

From the Street of Dreams

Altisource Portfolio Solutions is initiated with a Neutral rating at Compass Point. Compass Point on Altisource Portfolio Solutions (ASPS): "We initiate on ASPS with a NEUTRAL rating and a $103.50 price target. After an impressive five-year performa...

I Still Bleed Barron's Blue

This weekend's interview was one of the best and contains some good long-term investing ideas both long and short. My roots run deep with Barron's -- indeed, you might say I bleed Barron's blue. At 15 years of age I began to read Barron's, coinciden...

Altisource Follow-up

The call went well, and I expect Ocwen shares to respond positively. The Altisource Portfolio Solutions (ASPS) conference call went well. As it relates to Ocwen (OCN), there were many questions on Lawsky's probe, and I believe the company did a good...

Altisource Portfolio Solutions Earnings Call Info

The call could have an impact on Ocwen. Altisource Portfolio Solutions (ASPS) has an 11:00 a.m. EDT earnings call today, which could have bearing on our Ocwen (OCN) position. The call-in number is 760-666-3775 and the conference number is 19621094. ...

I'm a Believer in Monitise

It is appropriate for a portion of nearly every portfolio's speculative commitment. I don't make recommendations; I explain why I am long or short, and I am transparent in my timing/trades. The more work I do on Monitise (MONI.L/MONIF), however, the...

The Latest on Ocwen

The company has accused an affiliate of 'self-dealing.' On Reuters: "• New York banking regulator accuses Ocwen Financial (OCN) affiliate of potential 'self-dealing.' "• New York regulator-Altisource Portfolio's (ASPS) Hubzu unit may charge higher f...

Kass Katch: Buy Ocwen Financial

Kass Katch: Buy Ocwen Financial

It could be the next Ocwen Financial.

Kass Katch: Buy Ocwen Financial

It could be the next Ocwen Financial. I have been a longtime follower and admirer and sometime owner of Ocwen Financial (OCN). In 2009-2010 I purchased Ocwen around $10 a share and its spinoff, Altisource Portfolio Solutions (ASPS), at approximately...

CNBC and Me

Dear CNBC, let's bury the hatchet so that I can pay tribute to Larry Kudlow on the last episode of 'The Kudlow Report.'

CNBC and Me

Dear CNBC, let's bury the hatchet so that I can pay tribute to Larry Kudlow on the last episode of 'The Kudlow Report.' "The medium is the message. This is merely to say that the personal and social consequences of any medium -- that is, of any exte...

Insider Buying Altisource Portfolio Solutions

First time, long time. Small insider buy in Altisource Portfolio Solutions (ASPS) recently. First time, long time.

Sold Altisource Residential

Just put through the trade I sold my small position in Altisource Residential (RESI) just now, and I have no positions on in the Ocwen Financial (OCN) complex. I plan to commit this weekend to reviewing input I have received on Ocwen, Home Loan Serv...

Upon Further Review

I am a buyer of Altisource Residential under $28.50. I have evaluated the Ocwen (OCN) situation, and I am a buyer of Altisource Residential (RESI) under $28.50. While the New York Banking Commission news will weigh on the Ocwen complex, RESI is only...

Negative News for Ocwen

A New York regulator is attempting to halt the acquisition of Wells Fargo's mortgage-servicing business by the company. Ocwen (OCN) is trading lower on news on the Dow Jones wire that a New York regulator is attempting to halt the acquisition of Wel...

Climbing a Wall of Complacency

Risk happens fast and when you least expect it.

Climbing a Wall of Complacency

Risk happens fast and when you least expect it. And when I was 12 years old, My father took me to the circus, The greatest show on earth. There were clowns and elephants and dancing bears And a beautiful lady in pink tights flew high above our heads...

Morning Market Look

Let's take a look at the overnight and early-morning price action in the major asset classes. Several [Fed officials] commented on the rise in forward price-to-earnings ratios for some small cap stocks, the increased level of equity repurchases, or ...

Doug Kass's 2014 Surprises 1-5

Doug Kass's 2014 Surprises 1-5

Buy index puts, sell index calls or purchase inverse ETFs because stocks, corporate profits and P/E multiples are going down, says Real Money Contributor Doug Kass.

Altisource Portfolio Solutions Hits a New High

Adjusted for the spinouts of Altisource Residential and Altisource Asset Management, shares trading over $200. New all-time high for Altisource Portfolio Solutions (ASPS). Adjusted for the spinouts of Altisource Residential (RESI) and Altisource Ass...

Recommended Reading

Run, don't walk, to read Dan Freed's column on Bill Erbey and the Ocwen complex.   Run, don't walk, to read this brilliant and comprehensive column on Bill Erbey and the Ocwen (OCN) complex by Dan Freed on our flaship site. Anyone involved in Ocwen,...

Altisource Portfolio Solutions Still Soars

This beast continues to grow earnings and revenue. I wanted to update Altisource Portfolio Solutions (ASPS) for those who are fortunate enough to still own this monster! (As I have often reminded myself, I mistakenly failed to reestablish my long po...

So Close and yet So Far Away

Uncovering a needle in the haystack is time-consuming analytically and takes numerous turns. My eyes adored you Though I never laid a hand on you My eyes adored you Like a million miles away From me you couldn't see How I adored you So close, so clo...

More Good News for Altisource Residential

The FHA plans to shortly dispose of nearly 30,000 nonperforming loans (worth a total of $5 billion). I uncovered another potential positive for Altisource Residential (RESI) this morning in a National Mortgage News article. Apparently, the Federal H...

New Favorite Long: Northwest Bancshares

The reason is solely based on my assessment of reward vs. risk. At $12.95, Northwest Bancshares (NWBI) now becomes my favorite long. The reason is solely based on my assessment of reward vs. risk ($0.50 down and $3-$4 up). Is this the next Altisourc...

Make Yourself Comfortable

Consider your time frames and your appetite for risk in managing positions. I see a lot of concern in the comments section about Monitise's (MONI.L's) share price. If you are nervous, one strategy to consider is to take out your cost and let the res...

Jerk of the Week Award

And the award goes to my premature covering of Microsoft's shares. Navin R. Johnson (Steve Martin): The new phone book's here! The new phone book's here! Harry Hartounian (Jackie Mason): Boy, I wish I could get that excited about nothing. Navin R. J...

Altisource's Acquisition

The Equator acquisition could raise Altisource's sales to over $1 billion and its EPS to almost $10 in 2014. The Equator (mortgage solutions provider) acquisition this week by Altisource Portfolio Solutions (ASPS) will be accretive and could raise A...

Nice Quarter for Ocwen

The company's cousins should prosper in the time ahead. Strong revenue beat at Ocwen (OCN), and profits, adjusted for nonrecurrring items, were higher as well. The company's pipleine grew to $400 billion, which means that Ocwen's cousins -- namely, ...

The Jerk Store Called

Woulda, shoulda, coulda -- didn't. Altisource Portfolio Solutions (ASPS) and Altisource Asset Management (AAMC) reach all-time highs, again, this morning. As I mentioned in my inaugural jerk award, I made a big mistake by not reentering Altisource P...