The market run up is being fueled by loose cash and wrong-headed shorts. We are in a perpetual state of short squeeze, where every day means the death and “whoring out” of a bearshitters ultra-asshole portfolio. In my estimation, it always makes sense to scour for new potential squeezes that might bring grave harm and cataclysmic, irreversible capital losses to those who make a living betting on America’s demise.
Naturally, the best way for a person such as myself to find such names is by using the most powerful analytic engine on the internets, The PPT.
The following 10 names (top 10 lists are all of the rage, always have been) are stocks that just got flagged “buy” for improving price action, with exceptional short positions. Any stubborn move higher in said names can result in a most dreadful and egregious short squeeze drama, all to be aired live here on iBankCoin.
Screen Criteria
(% of shares sold short above 15%, technical score of 3.00-3.50 out of a possible 5)
Flotek Industries, Inc. [[FTK]] GTx, Inc. [[GTXI]] Scholastic Corporation [[SCHL]] XenoPort, Inc. [[XNPT]] Builders FirstSource, Inc. [[BLDR]] Overseas Shipholding Group Inc. [[OSG]] Briggs & Stratton Corporation [[BGG]] GameStop Corp. [[GME]] [[PLCE]] Saks Incorporated [[SKS]]
If you enjoy the content at iBankCoin, please follow us on Twitter
The Fly is God!
LOL… just get in the smelter.
__
tgarfield says:
February 18, 2010 at 4:20 pm
I’ll bet you buy higher. 120 is the target on the spy.
With chemical names like POL and ROC breaking out, I would think FTK would get a short squeeze from that alone.
Yes! FTK has a chemicals division that is profitable.
How about a little FSYS squeeze action!
(dis: I’m long via kamikaze May calls)
Hey Fly:
So to use one of my favorite Fly comments…. is it the 25,000 Dow and the $100 tomato.
Test. I think my comments are being moderated or blocked.
Looks like it works. nvrmnd
Thanks Moobs. I had a similar experience this afternoon and wondered what was up. Maybe a glitch.
Can’t beleive you didn’t comment on my “surprise buttsecks” post!
____-
FTK looks ready Fly!
Yeah, for the last 12 months its been looking ready.
Toyota is a piece of shit
http://www.businessweek.com/news/2010-04-14/toyota-halts-sales-of-lexus-suv-labeled-safety-risk-update3-.html
Toyota did not want to play nice with the banks, so they are in timeout right now.
http://www.larouchepub.com/pr/2010/100212behind_toyota_bashing.html
Consumer Reports is in on the con job. Do you honestly believe Lexus would put out an suv that would be rated don’t buy?
Toyota didn’t play nice with GMAC, Japan’s new Prime Minister balked at the US military bill ($2 Bil) and is talking shit about America (we want you out type of stuff). So we crush Toyota, Honda is next if Japan doesn’t pipe down.
I know. I own a Lexus and it drives great. This seems all too coincidental, now that Government Motors is in business.
Being po and all I don’t own a Lexus, but I did get to ride in one. Unfortunately my hands were bound, I had a sack over my head and was stuffed in the trunk. Still I had to take notice at how comfortable it rode. Also, the trunk had much more leg room than your typical domestic vehicle.
I kid. I kid.
I did notice your yellow PT Cruiser up on blocks in your driveway.
Will Mrs. Fly be driving the Cruiser?
I hope GM gets back into financial trouble and then tries to go to the bond markets for capital.
The cheap stocks like to burn ya.
I have been short for the past 13 months. This morning i closed what was left of my positions and put it all into SPY out of the money calls (April) in order to “get back to even.” Trade accordingly.
Two weeks to go for the rally – http://www.forbes.com/2010/04/13/fedex-riteaid-dow-markets-intelligent-earnings-navellier.html?boxes=marketschannelII
Or not
Intel and tech looking just fine:
Tech bellwether Intel posted record Q1 earnings of $2.4B ($0.43/share), almost quadruple the $629M it earned a year ago. Sales soared 44% to $9.8B, while Intel’s closely-watched gross margins exceeded even the most optimistic estimates. “It was an incredible first quarter for us,” CFO Stacy Smith said.
What do people think of HEK?
Why is it a big deal that companies are handedly beating their YOY estimates?
The world was about to end in Q1 of 2009, nobody bought shit (except guns, ammo and iphones).
I think the better comparison should be Q1 2010 vs Q1 2008.
fly is great
Our government is in the process of a full on smear campaign to rub out Toyota so the dumb ass american population will think buying a GM product would be a better choice…..
“any” SUV can roll over, this is bullshit.
“Ben S. Bernanke said the U.S. expansion will remain moderate as the economy contends with weak construction spending and high unemployment.”
Ergo…….+40 for extended period….get drunk….
What about MVIS?