Top Nasdaq Short-Squeeze Plays
James Altucher
09/25/08 - 11:29 AM EDT
Updated from 7 a.m. EDTThe recent stock market volatility has created significant short-squeeze opportunities.
A short squeeze takes place when a stock's short-sellers scramble to cover their bearish positions when that stock moves sharply upward; their buying ends up pushing shares even higher. Short positions of stocks are measured by the short-squeeze ratio, which represents the number of days it would take for the short-sellers to cover their positions based on the recent daily volume of the stock.
Stockpickr has come up with a list of the
Top Nasdaq Short-Squeeze Plays for September, including
Middleby(MIDD Quote) and
Portfolio Recovery Associates(PRAA Quote).
To read more, please click here.