Top 20 List of Most Attractive Short-Squeeze Candidates
[BRIEFING.COM -- Robert J. Reid] The late rally off the lows yesterday (on good volume!) has brought some idled trading accounts off the sidelines. Yesterday's late run was aided by a Merrill Lynch technical call suggesting a short-term buying opportunity. The momentum created by that call has carried over to today, with the subsequent short-covering leading to some sizeable gains in the most "leaned on" stocks (e.g., APPX +4.14, NVEC +3.45, PLMO +3.40). Given that the shorts are on the run today, and momentum players will likely try to keep them on their heels near-term, we thought it would be prudent to update our Top 20 List of Most Attractive Short-Squeeze Candidates.
(My note - this was in tabular form, thus the goofy formatting.)
Name - % of float short - Float - Mkt cap - YTD Return
1. Cal-Maine (CALM) 77% 6.7 258 -38.9%
2. Taser (TASR) 66% 21.0 898 +133.7%
3. American Pharma (APPX) 60% 17.0 1,862 -21.1%
4. BioSite (BSTE) 52% 14.4 682 +50.3%
5. SCO Group (SCOX) 50% 9.3 64 -75.3%
6. NetFlix (NFLX) 47% 42.4 1,045 -26.0%
7. OverStock (OSTK) 43% 6.2 632 +73.5%
8. NVE Corp (NVEC) 42% 4.3 133 -42.3%
9. Air T (AIRT) 42% 0.9 32 +135.7%
10. XM Satellite Radio (XMSR) 39% 118.7 4773 -5.3%
11. Krispy Kreme (KKD) 39% 54.9 1152 -49.0%
12. TravelZoo (TZOO) 36% 1.8 421 +216.3%
13. Multimedia Games (MGAM) 36% 25.8 664 +15.9%
14. Jos A Bank Clothiers (JOSB) 35% 10.2 324 +31.5%
15. LeapFrog (LF) 35% 26.7 1,135 -28.2%
16. Orbitz (ORBZ) 32% 12.8 697 -26.1%
17. Panera Bread (PNRA) 32% 28.3 1,115 -6.6%
18. Priceline.com (PCLN) 32% 21.3 869 +28.7%
19. Industrial Svcs (IDSA) 29% 1.2 33.2 +380.7%
20. Beazer Homes (BZH) 28% 12.4 1,221 -8.5%
