Top Nasdaq Short-Squeeze Plays
Stockpickr Staff
12/02/08 - 12:41 PM EST
The stock market, as measured by
Nasdaq, is trading near its lowest point in the last several years. When the market drops as much as it has, it creates noteworthy short squeeze opportunities, especially for Nasdaq stocks.
A short squeeze takes place when short-sellers quickly cover their bearish positions on optimistic news, which can move the price of the stock up sharply. The metric for measuring short squeeze opportunities is the short ratio, which is the number of days it would take the short-sellers to cover their positions based on recent average daily volume of the stock.
With this in mind, Stockpickr has compiled a list of the
Top Nasdaq Short-Squeeze Plays for December, including
Green Mountain Coffee Roasters (GMCR) and
Columbia Sportswear Company (COLM).
To read more,
visit Stockpickr.com.