Updated from 11:55 a.m. EST
Many investors believe that the value of gold will go much higher, and in turn, gold mining stocks will move up along with the price of the commodity. Unfortunately, many stocks iin the sector have suffered along with the rest of the market and may be heavily shorted, making them oversold. This confluence, however, could create a short-squeeze buying opportunity.
The short interest is measured by the short ratio, the number of days it would take the short-sellers to cover their positions, based on the stock's recent trading volume. On any positive catalyst, these stocks could rush higher as the short-sellers, or those betting against the stock, are forced to cover their bearish bets.
Stockpickr has reviewed the stocks in the gold mining sector and compiled a list of the top gold stocks with highest short-squeeze potential. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,415.05 | 1,113.16 | 2,233.03 | 36.09 |
Oil *
74.35
|
|
UP
86.16
|
UP
10.69
|
UP
21.34
|
UP
0.63
|
10 Yr
3.61%
SPDR Gold
109.24
|
|
+0.83%
|
+0.97%
|
+0.96%
|
+1.78%
|
Data delayed 20 minutes |


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