Short squeeze watch!
We are looking for stocks with lethal combination of two catalysts;
1- recent gains in a stock
combined with
2- sizeable short position (as a % of float)
equals
"cornered" shorts, ie, demand for stock coming from shorts who have to cover at worst possible price for them
3-Feb-2005
KONG
shorts won today, by shorting even more
but will have to pay later :)
Short Ratio (as of 10-Jan-05): 3.195
Short % of Float (as of 10-Jan-05): 19.46%