Jim Cramer has been talking about the upside potential of Citigroup(C Quote). He thinks that the change in mark-to-market might set up the short-squeeze opportunity of a lifetime in the stock.
A short squeeze takes place when short-sellers scramble to cover their bearish positions on optimism or any positive catalyst, driving the price of stocks 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. Citigroup isn't the only stock that has short-covering upside potential. With this in mind, Stockpickr has compiled a portfolio of the top S&P 500 short-squeeze plays. To read more, visit Stockpickr.com. Who's on Stockpickr Answers? David Peltier will be on Stockpickr Answers on April 9 to respond to investing and trading questions posed by members of the Stockpickr community. Not a member? Join the Stockpickr community today -- free.- Loading Comments...
- Loading Comments...
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,023.42 | 1,069.30 | 2,112.44 | 35.03 |
Oil *
76.05
|
|
UP
17.46
|
UP
2.67
|
UP
7.12
|
DOWN
0.30
|
10 Yr
3.50%
SPDR Gold
107.43
|
|
+0.17%
|
+0.25%
|
+0.34%
|
-0.85%
|
Data delayed 20 minutes |














