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Alias Born | 04/11/2006 |
Thursday, December 30, 2010 5:50:03 PM
The current CEO of CDCH Bill Hoffman once shared a story with me. I was asking him questions about a possible naked short squeeze. He said he once was involved in one where he bought a stock at 2 dollars that he heard had a short squeeze potential. He exited at 36 dollars a f few weeks later. The stock went on to make a high of 108 dollars a few weeks after he sold. He is very familiar as well as to the potential of a stock stuck in a big squeeze.
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