Investorman....Are you still around? I've followed LUK for quite a while and since I'm a fairly small time investor, I've only purchased options.
What are you thoughts?
I just posted this on Yahoo Finance:
Hello, I was looking over the key statistics on yahoo finance and noticed that it says the float is 16.3 Million shares. A little bit lower it says that the sort position is 10.1 Million shares.
If this is anywhere near accurate...I think we could see a pretty serious short squeeze if price continues to trade higher.
BTW, I'm hoping so as I picked up a handful of Sept 50 calls at a dime the other day. A long shot...but it could happen with Fall approaching. We shall see.
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