Updated from 7:04 a.m. EDT
When you see something like the thousand-point increase in the
Dow Jones Industrial Average
on Monday, you realize that there are stocks moving up way more than normal due to short squeezes.
A short squeeze takes place when the short-sellers short-interest in a stock 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
for the month of October, including
To read more,
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of
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Trade Like a Hedge Fund
Trade Like Warren Buffett
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