Altisource Portfolio Solutions SA (ASPS)

15.67
NASDAQ : Finance
Prev Close 15.41
Day Low/High 13.81 / 16.82
52 Wk Low/High 6.00 / 23.58
Avg Volume 143.80K
Exchange NASDAQ
Shares Outstanding 15.57M
Market Cap 239.94M
EPS -19.30
P/E Ratio N/A
Div & Yield N.A. (N.A)

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. On Monday, I started the week by reshorting Yahoo! (YHOO) (after the company agreed to buy back 40 million ...

Altisource Portfolio Earnings

After reviewing Altisource Portfolio's (ASPS) great earnings, $9.25 looks like the EPS number for 2014. That is a huge year-over-year increase. I missed buying this one back.

Altisource Names Gain Altitude

New highs in Altisource Portfolio Solutions and Altisource Asset Management. Altisource Portfolio Solutions (ASPS) makes a new high (adjusted for spinoffs) after excellent earnings. Altisource Asset Management (AAMC) also hits another new high.

Chimera Update

Taking some of my position off. Chimera Investment (CIM), as I thought a few days ago, has now climbed over $3 a share and I am taking some of my position off. The reason is several fold. Firstly, interest rates are going back up as the Fed is begin...

From the Street of Dreams

Piper Jaffray reitierates its Buy rating on Altisource Residential. Yesterday, I highlighted Altisource Residential (RESI), an Altisource Portfolio Solutions (ASPS) spinout, and put the shares on my "Best Ideas" stock list. This morning Piper reiter...

Out of Ocwen Complex

Just to be clear. Yesterday, I wrote that I only had a handful of longs left. So, to make it clear, I no longer hold Ocwen (OCN), Altisource Portfolio Solutions (ASPS) and Altisource Asset Management (AAMC), which I disclosed were down to tag ends o...

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. Monday began with a song (or my version), "Mr. Market Keeps Singing a Happy Song," in which I summarized fu...

The Home Run Hunt

The Home Run Hunt

Monitise could be my next investment home run.

The Home Run Hunt

Monitise could be my next investment home run. "Clear the lines of lint in your head, one at a time, and the king will be left standing alone, like a guy on a street corner. Here, I'll make it easier for you." -- Bruce Pandolfini (Ben Kingsley), Sea...

ASPS Hits an All-Time High

Adjusted for its spinoffs, of course. Altisource Portfolio Solutions (ASPS) makes an all-time high, adjusted for its spinoffs of Altisource Asset Management (AAMC) and Altisource Residential (RESI)

Finding Big Winners Is Hard Work

If it were easy, then anyone could do it. So you all know I have been spending a lot of time over the last few months in an attempt to find the next Ocwen Financial (OCN), Altisource Portfolio Solutions (ASPS) and Altisource Asset Management (AAMC)....

Scaling Out of ASPS

The shares are up by over 20% over the past few weeks. Altisource Portfolio Solutions (ASPS) is up by over 20% over the past few weeks -- I am scaling out of the name now.

Doug Kass's Lucrative Longs

Doug Kass's Lucrative Longs

As Doug Kass prepares to travel to Omaha, we take an opportunity to highlight a trio of his successful long trades.

Selling Out

Price targets are being met all over the place. I am down to tag ends in Altisource Portfolio Solutions (ASPS), Altisource Asset Management (AAMC), Ocwen (OCN), Ford (F), General Motors (GM), Lincoln National (LNC), Prudential (PRU), MetLife (MET) a...

That Was the Week That Was

Let's review. My look back at the week's daily diary highlights borrows its title from a popular 1960s BBC comedy show hosted by David Frost. On Monday, I started by discussing that it's important to consider your own time frames and risk profile/to...

Altisource Gains Altitude

The earnings call is going well. Altisource Portfolio Solutions (ASPS) is getting jiggy. I am still on the earnings conference call, which is going well.

In Line at ASPS

The company's reported EPS met expectations. Altisource Portfolio Solutions (ASPS) reports in-line earnings at $1.10 a share.

Ocwen Complex Catches a Bid

Ocwen, Altisource Portfolio Solutions, and Altisource Asset Management have some wind in their sails. The Ocwen complex got a bid in the last few days.

Less Long

Specifically, in Altisource Portfolio Solutions, General Motors and Ford. I have reduced the following longs into this morning's ramp: Altisource Portfolio Solutions (ASPS), General Motors (GM), and Ford (F).

Portfolio Update

Here are some more of my trades today. Late last week I purchased some Altisource Portfolio Solutions (ASPS) under $70 -- I just reduced the position by the same amount at over $76. I just added to my SPDR S&P 500 ETF Trust (SPY) April $157 puts at ...

Altisource Portfolio Solutions Gains Altitude

The shares just topped their 20-day. Altisource Portfolio Solutions (ASPS) just breached its 20-day moving average to the upside. Altisource Portfolio Solutions (ASPS) Source: Bloomberg View Chart » View in New Window »

Altisource Estimates Lowered

Most holders and potential buyers now know that Wall Street is too high for this year and too low for next year. Estimates have begun to come down for Altisource Portfolio Solutions (ASPS). I am at $5.15 a share in 2013 and $9.05 a share in 2014 com...

That Was the Week That Was

Let's review. I have started a new end-of-week column that borrows from the title of a popular 1960s BBC comedy show hosted by David Frost for my look back at the week's daily diary highlights. I hope this relatively new column helps put the market ...

Trade Update

Let's update my trading activity. When I was out this week, I added to the following shorts: Berkshire Hathaway (BRK.B), Nationstar (NSM), iShares Russell 2000 Index Fund (IWM), SPDR S&P 500 ETF Trust (SPY) and Henry Schein (HSIC). I also initiated ...

Early-Morning Market Look

Let's start the day out with a peek of overnight and morning market trends. Futures/markets are lower overnight -- it is inconceivable! S&P futures down 6; European markets down; euro down; crude down 0.5; gold down 4; and 10-year at 1.87%. Question...

Mortgage Wars

There will be some winners and some duds in the mortgage investment names. By Tim Collins Anyone ever watch "Storage Wars" or another one of those storage-long shows? If you haven't, then go watch one real quick. We'll wait. Simply put, that is my v...

March Stock Madness

My March Stock Madness contest forecasts the winner among my favorite longs and shorts within a time frame of three to six months. "I'm living the dream." -- Dick Vitale Welcome to my 2013 long/short brackets for March Stock Madness. Unlike the NCAA...

Taking Profits on AAMC

Earnings must now catch up to the share price. Over the past few years (2010-2012), Altisource Portfolio Solutions (ASPS) was my stock of the year. The shares of Altisource Portfolio Solutions, which traded at around $15 a share in late 2009, rose t...

Breakfast With Brokers

I am off to breakfast with two mortgage-servicing executives to get better clarity. "I'll have pancakes in the Age of Enlightenment, please." -- Mike (Jon Favreau), Swingers With mortgage servicers under pressure after Walter Investment Management's...

All Aboard Altisource

I am on board Altisource Portfolio (ASPS) now. Bidding on a scale lower.