{"id":13940,"date":"2011-06-30T13:22:27","date_gmt":"2011-06-30T17:22:27","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=13940"},"modified":"2016-09-20T08:58:26","modified_gmt":"2016-09-20T12:58:26","slug":"put-bridgepoint-bpi-on-your-short-squuze-radar-shorts-are-50-of-float","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2011\/06\/30\/put-bridgepoint-bpi-on-your-short-squuze-radar-shorts-are-50-of-float\/","title":{"rendered":"Put BridgePoint (BPI) on Your Short Squeeze Radar &#8211; Shorts Are 50% of Float"},"content":{"rendered":"<p>After the close, Apollo Education (APOL) will be reporting earnings. While we do not hold this name, we are positioned long in Bridgepoint Education (BPI). There is a heavy short-interest in the stock, so if Apollo manages to beat estimations and show a decent outlook, shares of BPI could see some upside.<\/p>\n<p>Apollo is estimated to have EPS for the period of $1.33, a drop of over 20% from <!--more-->the year ago period. Sales are expected to come in close $1.19 billion. Watch the reaction to the report and the conference call and then take a look at BridgePoint.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/06\/bpi_06302011-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13953\" title=\"bpi_06302011\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/06\/bpi_06302011-1.jpg\" alt=\"\" width=\"551\" height=\"461\" \/><\/a><\/p>\n<p>Bridgepoint happens to have one of the highest short-interest ratios on any exchange. The shorts have been reducing their holdings, but the company still sports a <em>short-interest ratio to float<\/em> of just under 50%. <strong>That is one heck of a short squeeze potential.<\/strong><\/p>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/06\/bpi-short-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13952\" title=\"bpi short\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2011\/06\/bpi-short-1.jpg\" alt=\"\" width=\"587\" height=\"391\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\"><strong>Horowitz &amp; Company clients<\/strong><\/a> are long BPI as of the date of this post.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the close, Apollo Education (APOL) will be reporting earnings. While we do not hold this name, we are positioned long in Bridgepoint Education (BPI). There is a heavy short-interest in the stock, so if Apollo manages to beat estimations and show a decent outlook, shares of BPI could see some upside. Apollo is estimated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,42],"tags":[483,490],"class_list":["post-13940","post","type-post","status-publish","format-standard","hentry","category-markets","category-stocks","tag-markets","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/13940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=13940"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/13940\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=13940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=13940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=13940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}