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stockmannick
3 Comments
ShengdaTech: Smallcap Opportunity
True Religion Short Squeeze
I live right near the Chicago store and they said business has never been better. You do realize they raised full yr guidance at last conference call and said bookings were up 40% over 2nd quarter of last yr.
Given that short interest is over 70%, shorts have no more bullets left. Only way stock goes down is if longs sell their positions, and why should they given the only way shorts can cover is by buying the stock back.
True Religion Short Squeeze