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Message Boards Settings Valley National Bancorp (VLY) - Quote Info
Short Squeeze Coming Real Soon     25-Oct-09 10:27 am    
Although I have a healthy amount of stock, I just wish I had loaded up on more shares sooner. It appears that the "shorts" are about to get a real nice naircut. With 14M shares short (or approx. 10% of the shares), the company maintaining the dividend, the portfolio in good shape, and Tarp paid back 2/3 already; there is no incentive for the shorts to stay in. They need to redeploy their funds elsewhere and this creates a nice demand for the stock when they start to cover.

I see 15+ coming by year end......your thoughts????
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vlyfan

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New York, N...


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Short Squeeze Coming Real Soon
vlyfan Not rated 25-Oct-09 10:27 am  
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Valley National Bancorp (VLY)

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On Dec 24: 14.13 Up 0.14 (1.00%)
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