Top Dow Short-Squeeze Plays
Stockpickr Staff
11/04/08 - 11:23 AM EST
Updated from 7:05 a.m. ESTMany investors believe that the almost 900-point rise in the stock market last Monday was due to short squeezes.
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.
With this in mind, Stockpickr has come up with a list of the
top Dow stocks short-squeeze plays, including
Disney(DIS) and
General Motors(GM).
To read more,
visit Stockpickr.com.