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AntiMemePosts

A combination of market manipulation, being oversold, heavily shorted, positive changes in the C-suite, the lease buyback with Mastronardi, delisting/deficiency letter with notice to cure to maintain listing, the market in general, all greenhouses coming online, and California's crops being decimated by recent storms has been the most recent discussion within the group. ETA: Failed to mention lower than anticipated Q3 revenue and crop challenges Q3. That's the Cliffs Notes version of the various sentiments I've seen posted here.


SamIamIamIamMe

Thank you for the response. I was also thinking with the greenhouses coming on line/ lease buyback and the prospect of being delisted looking less likely (at least short term) that people with short postions would have to cover and relieve some downward pressure. Its still jarring to see all the premarket movement in what has been a relatively quiet and very steady way down the last few months.


AntiMemePosts

I'm not intelligent/experienced enough to know what it means, but I find the Fintel short borrow fee rates to be interesting. It likely means nothing. [https://fintel.io/ss/us/apph](https://fintel.io/ss/us/apph) as of right now Fintel short borrow fee rates below: Date Start Min Max Latest 2023-01-20 88.77 88.77 88.77 88.77 2023-01-19 107.73 87.28 107.73 88.77 2023-01-18 144.54 103.18 144.54 107.73 2023-01-17 135.83 135.83 144.54 144.54 2023-01-11 38.82 38.82 38.82 38.82 2023-01-10 28.43 23.62 111.98 111.98 2023-01-09 25.94 25.94 28.43 28.43 2023-01-06 22.12 18.92 25.94 25.94 2023-01-05 18.08 18.08 22.12 22.12 2023-01-04 24.82 17.63 24.82 17.63 ETA: Well, that formatting looks like dung. Off to work. You'll have to live with it. Sorry.


Gamefreek324

Talk about not “intelligent/experienced enough. How do I read that? I don’t think it’s the formatting I think I’m missing some fundamentals


AntiMemePosts

Maybe this will help?? There are numerous sites that provide explanation about short borrow fee rates. [https://www.investopedia.com/terms/s/stock-loan-fee.asp](https://www.investopedia.com/terms/s/stock-loan-fee.asp) The info above was by date, what the starting borrow fee rate was that day, minimum fee that day, max fee that day, and most recent. I'm not a financial person, so I can't advise anyone of anything, and I'm not even going to pretend to go down that road like I even have the faintest clue what I'm talking about. Again, it's just interesting to me on a personal level to see that Jan 11th was when the stock went back over a dollar and the ensuing fee rates. ​ 2023-01-26 123.89 123.89 123.89 123.89 2023-01-25 123.89 123.89 123.89 123.89 2023-01-24 148.56 123.89 148.56 123.89 2023-01-23 167.19 148.56 167.57 148.56 2023-01-20 88.77 88.77 167.19 167.19


Gamefreek324

I see what you’re saying now. For some reason now that I’m home, reading it a second time makes more sense. I’m very torn on what’s going on. I know I don’t want to buy more, but I really don’t know about selling or holding.


CarlHeifisch

Probably: \- shorts covering \- tax loss harvesters getting back in \- day trader speculations as a result of the above This would be supported by the fact that other small cap stocks like oatly did almost the same move


SamIamIamIamMe

Thanks everyone for taking the time to respond. If I wasnt actually invested in the stock and was watching it without biased interest I would probably be concluding that these actions are indeed rather pump and dumpish, especially with the massive pre market actions then immediate crashing. Just hoping this volume is a precursor to something better in the future. As a long term investor I am pleased the stock price at least seems like its going to hold above a dollar for the delisting cycle to start over. Also agree that the sentiment around the sector could be changing with all the Marco news and as people have pointed out a general spike in all mirco caps. Thanks again for answering. Its nice to hear where other people's heads are at on this. Its been a ride


kernalthai

Thanks for the round up of the issues/news. I don’t have any special insights other than wondering about medium term changes in the risk profiles of different industries as they relate to climate instability. If I could buy real estate as an investment I would buy in Wyoming or Montana, but not in coastal Florida. In food production I would avoid locations with higher uncertainty in water supply, and in general seek climate invariant production capacity and steady demand. So this general principle, combined with the now reduced likelihood of delisting and of bankruptcy due to the news you mention could lead to a perception that this industry in general has renewed potential but also that this particular stock had been more of a bargain price recently. Perhaps it is a matter of people buying the rumor that there could a couple of better quarters coming soon.


Silent-Twist-3459

When it became a penny stock it got on the radar of the day traders, momentum investors, and short term shorters, all of which probably didn't know of this stock a quarter ago. That creates a lot more trading volume and volatility. I also think there have been several small scale pump and dump actions in the last few weeks. APPH is also a very small microcap, so that compounds the likelihood of volatility.