There's potential for fireworks when Safeway (SWY +1.2%)reports Q3 results this Thursday,...

|About: Safeway Inc. (SWY)|By:, SA News Editor

There's potential for fireworks when Safeway (SWY +1.2%)reports Q3 results this Thursday, Goldman Sachs says. Although the firm sees a miss of $0.02 vs. consensus, with market expectations so low, the stock trading at 8.2x NTM EPS and short interest now at a peak 31% of float, "even a muted result has the potential to drive a short squeeze."