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As a former short term shorter, I decided to go long for one VERY appealing reason:
Short Interest (Shares Short) 9,103,300 Days To Cover (Short Interest Ratio) 17.1 Short Percent of Float 9.69 % Short Interest - Prior 9,007,600 Short % Increase / Decrease 1.06 % Volume has been VERY low lately. If earnings surprise to the positive side, your BIGGEST enemy will be your own fellow shorts scrambling for the exit. 10% of the float and 17 days to cover - a little gas thrown on this small fire COULD cause a massive inferno/short SQUEEZE. I suggest you buy calls at the very minimum. I am not overly bullish at this level on the fundamentals, but I am very muh so based on the very large short positions and very light volume. It doesnt take much to get shorts to cover once a quick rise occurs and short covering intensifies and feeds on itself. Sentiment : Hold Rating :
 (3 Ratings) |
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Shorts better be cautious....
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tngood111 |
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29-Sep-09 08:47 pm | ||
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valid point
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ashley3rd20... | (1 Rating) | 2-Oct-09 06:04 pm | ||
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Glad ya agree, Ash.
What needs to happen...
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tngood111 | (1 Rating) | 3-Oct-09 02:07 pm | ||
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before a week you mentioned that you wen...
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softpro34 | (1 Rating) | 3-Oct-09 10:30 pm | ||
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Hey softserve,
If we see HBI in s...
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ashley3rd20... | Rate it | 5-Oct-09 02:14 pm | ||
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This is what I was tawking abo...
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tngood111 | Rate it | 5-Oct-09 09:58 pm | ||
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...
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bjm2cv | Rate it | 22-Oct-09 11:21 am |
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