Outerwall, Inc. (OUTR)

[outrpeepr]

I'm not going to get greedy, lots of profits here.

I am pretty sure that when OUTR revised estimates, that the shorts piled on.

The current short count pre-dates the revision and imo vastly understates the number of shares that were short (until this afternoon).

So normally, I'd agree this is a huge jump, but the company was undervalued, and now we're in potentially a significant short squeeze.

ONE MORE THING: they said they would be throwing another $100m at buying shares starting in October. We are in October.

TL:DR - nothing wrong with taking profits, and I may lighten up as the business momentum is stalling a bit - but the stock is not overpriced and it is a prime candidate for a real short squeeze.