Golden crosses for 1/28/11...PEIX finally makes the list, but be careful for weakness the next few days. Link back for additional crosses. Not many on Friday's list due to market weakness across the board.
Standard Pacific Corp. (SPF): Operates as a diversified builder of single-family attached and detached homes in the United States. Market cap of $455.47M. Price currently at $2.30. Shares shorted have decreased from 21.77M to 19.67M month-over-month, a change representing 2.0% of the company's 105.24M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.3). The stock is a short squeeze candidate, with a short float at 10.1% (equivalent to 8.35 days of average volume). It's been a rough couple of days for the stock, losing 8% over the last week