BioScrip Inc. (BIOS)

[UFO]

Oh yeah Baby! Short squeeze is on! Virtually all the shares that traded today were short covers. Shares shorted went from $22.8mm to $22.0mm and the percentage of float shorted went from 18.8% to 18.17%. Interestingly, the days to cover at current volume went from 19.2 days to 25.9. Attribute that to somewhat lower volume in today's trading. The bottom line folks is the shorts in $BIOS are in trouble! Today was the initial follow through on a recognition day. The 1st wave saw yesterday what I did and they ran for the exit doors. Any day traders out there? You could probably pick up a quick point here trading $BIOS on the long-side with minimal risk. A short cover rally is the safest place in the world to day or swing trade. And it can get REAL profitable!

UFO