Tuesday, March 19, 2013 1:25:37 AM
Here is an opposite stock ready to short; CZR. They are in debt almost as bad as Cyprus! All the online gaming in the world won't fill that debt hole, and their last report was brutal, with a lousy forward looking statement to boot. Yet, here it is at all time highs. Nice gap at the $15 range, where I would get Puts.
NOTE: The short float is big here, at 24%. I would THINK a lot of shorts got squeezed out this past week, and it is lower now. Sometimes crap floats to the top due to the squeeze, but eventually it flushes.
NOTE: The short float is big here, at 24%. I would THINK a lot of shorts got squeezed out this past week, and it is lower now. Sometimes crap floats to the top due to the squeeze, but eventually it flushes.
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