Browsing articles tagged with " short squeeze"
In a fit of rage, Demi Moore
says she's been buying stocks too, way before Mila Kunis
Not wanting to be out done by Ashton Kutcher's
new girlfriend, who received a lot of attention this past week when she told CNBC she was buying stocks
, Moore made clear she knows a thing or two about investing in stocks herself.
"I don't know if Mila Kunis knows this or not, but I was married to Ashton Kutcher for over 7 years," Moore said between Red Bull gulps. And so, like, yeah, he gave me some stock tips too. So yeah,
Do you think Tobey Maguire will see The Amazing Spider Man Reboot? Signs would point towards no, but Sony probably doesn’t care. It’s kind of like a band hearing their song covered for the first time. Could Maguire actually go and see the movie and appreciate the role he had even more...
The Amazing Spider Man is a reboot of the trilogy, which starred Maguire. The last trilogy saw releases in 2002, 2004, and 2007. While Maguire is busy working on his new movie The Great Gatsby, which itself is a remake, millions of people are going to their
Why are shares of SunPower shooting higher like a flower trying to reach the sunlight? It's all thanks to Citigroup analyst Timothy Arcuri
. Mr. Arcuri upgraded SunPower from a hold to a buy, and stated the entire solar sector might be near a bottom.
The gist of his call is that even with the European economy struggling, and countries cutting subsides, solar stocks can rebound with the help of demand from countries like China, Inida, and Japan. Interesting. Oh yeah, there's also always a lot of short interest in SunPower, so they're getting the squeeze today - that's why you're
Look who's getting short squeezed today, the last of the brick and mortar book sellers, Barnes & Noble
. Turns out activist hedge fund Jana Partners now owns a 11.5% stake in the company. And they also own some puts as a hedge. On the news, Barnes & Noble (BKS) is up over 11%, shooting from $11 and change to over $12.60. All the shorts are buying back shares and rushing for the exits, so the stock could go even higher.
: Barnes & Noble now soaring past $13.22 a share, up over 16%. Yes, the short squeeze is in full
Guidance, guidance, and more guidance, that's all it takes to move a stock even if they lose money in the quarter. Oh yeah, it helps if the shorts like the stock too. That's what happened to shares of Supervalu (SVU), as the company lost money on weaker same store sales but they reported a better outlook for the rest of the year. The stock is heavily shorted and so it's shooting higher as the shorts rush to buy back shares.
Supervalu swung to a fiscal fourth-quarter loss as the supermarket operator contended with weak same-store sales, store closings and the sale
Those who were betting SunPower was going to report a poor quarter are now racing for the exits, buying back shares, and sending the stock higher. The stock, SPWRA, is now up over 25% due in large part to a classic short squeeze. As of last month, 3.87M were short the stock, roughly 10% of the float. If you were long the stock this morning you woke up eyes wide with joy.
SunPower SPWR +25.94% reported fourth-quarter results that came in better than management’s expectations: a profit of 16 cents a share on an adjusted basis, even with the prior
Gotta love of short squeeze around Christmas time. When you're long a stock that's getting squeezed it's like an early stocking stuffer present hanging over the fireplace.
Everyone and their mother was trying short Jefferies into their latest earning call only to get squeezed after they said things aren't as bad as everyone thought. Jefferies of course was being lumped together with MF Global, who brutally went bankrupt after being over leveraged on European debt - burnt more by margin calls then their bets being wrong. Jefferies too had made a lot of bets on European debt, but said they
Happy days are here again for all those holding shares of Micron (MU). The stock has been hanging around the $5 range for months, with the overhang of the antitrust case weighing down on it. Now, after a jury said Micron didn't manipulate prices of dynamic random access memory chips, the stock can get back to its winning ways and out of the trading range. After the winning verdict the stock shot up 23%, most likely on a short squeeze, but it most likely can start to move in a positive direction again with the case resolved.
Micron Technology Inc. won
There was a rush to the exits for all the shorts in BankAtlantic after BB&T agreed to pay $301 million to acquire roughly $2.1 billion in loans and $3.3 billion in deposits from BankAtlantic. And it was a huge short squeeze as nearly 90% of the float was short BankAtlantic's stock.
At one point shares of BankAtlantic (BBX) shot up to $7 a share this morning, as the shorts were forced to buy back shares if they wanted to get out. The stock is now trading around $4.85 a share, just under an 85% increase from yesterday. Here are the
The big short squeeze is on shares of Quidel Corporation (QDEL), a leading provider of rapid diagnostic testing solutions and cellular-based virology assays, after a positive earnings release and new regulatory approvals, the stock is up over 10%. The stock was sitting at around $15 a share yesterday and now is close to $18 a share this morning.
For the third quarter of 2011, total revenues increased to $33.1 million from $28.2 million in the third quarter of 2010, an increase of 17%. The increase in revenues was driven by growth of infectious disease products.
Net loss for the third quarter of