Potential Short Squeeze
- alphatrends
- July 25th, 2008
I just uploaded a video for a potential short squeeze in the stock below. This profitable company recently reported earnings and raised guidance for the year, revenues for the quarter were up 54%. The shorts have been battling the stock and added 3.6 million shares to their bearish bet between April 15 and July 15, leaving a short position of just over 8 million shares. I own a small amount of the stock and will add above the level outlined in the video. Go to the bonus tab at THE BOOK website to find out the name of this company. Login with the username and password on pg 184 of the book. Remember to use lower case.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
-
Brian Shannon is a full time trader (with 20 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
-
-
-
Archives
-
