that is the unexciting business of A.S.V., Inc. (ASVI). What is exciting is the thought of what might happen to the price of the stock if there was a catalyst that would motivate the people who sold short 6.2 million shares of the stock to cover! Based on the 30 day average volume of 168,676, it would take them 37 days to buy all that stock back. Anyone have an idea of what that catalyst might be? I don't but if you do, please share in the comments area. For now I think it is worth buying a little with a protective stop just under 16.
Here's the rest of the description of this boring company from Google Finance (I didn't read it)
A.S.V., Inc. (ASV) designs, manufactures and sells rubber track machines and related accessories, attachments and traction products. It has three product lines, the Posi-Track product line, the original equipment manufacturer (OEM) undercarriage product line and the Loegering product line. Posi-Track products are machines used in the construction, agricultural, landscaping, rental, military, and other markets. The OEM Undercarriages are sold to Caterpillar Inc. as a primary component on its Multi-Terrain Loader product line. Loegering is a manufacturer of traction products for wheeled skid-steers and also provides attachments for the skid-steer market. In January 2006, it introduced two models in its Posi-Track product line, the SR-70 and SR-80. In October 2006, ASV introduced a track utility vehicle in its Posi-Track product line, the Scout SC-50, which features a 50 horsepower diesel engine, cab seating for two and a flatbed rear deck with the capacity to carry two tons of cargo.