Short Squeeze: ILMN


I cashed out my stake in $ILMN today, much to the expense of a 23% short float and a Friday afternoon rumor of a $88 cash offer. Averaged out at $72, long from $49.


Don’t worry, I’ll get you on the next one.

6 Responses to “Short Squeeze: ILMN”

  1. Congratulations! Was it mainly the short-interest that attracted you the stock in the first place? Also, what was your target price prior to the big move?

  2. No high fives given until your play is advertised before the results. Just sayin.

  3. Option Addict

    Everything I trade is advertised.

    Listen up.

  4. widespreadpanik

    Nice moves. Watching you closely now.

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