Option Millionaires

[silencedogood2011]

Evening Everyone,

There is a low volume, low float stock that has caught my attention, It is BETR. Why? They have been missing their earnings for the last few quarters. Finally this quarter they made earnings(barely).

The earnings is not what caught my eye but the short shares. BETR usually does about 445,000 shares (average) per day. It is like watching paint dry. According to Short Squeeze BETR has over 32% of their float shorted and 28 days to cover. While this in itself means nothing, BETR has bottomed out in march and this month at $8.00 (+/-).

If BETR beats next Q earnings and the stock moves 15% from its current price, the shorts could start covering. This stock could see minimum of 3000% move on options. Just something to keep on the scanner.