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  • Countrywide: Potential Short Squeeze in the Offing  [View article]
    A short squeeze is unlikely. For a short squeeze to occur the demand to buy would have to be a lot more than 27 million shares in volume a day. I do not see any such demand. There would have to be some other unforeseen event to artificially raise the share price to get the shorts to start coverig.
    Jun 24 00:22 am |Rating: 0 0 |Link to Comment
  • Countrywide: Potential Short Squeeze in the Offing  [View article]
    There would be no need for the shorts to cover. Wouldn't the shorts get their CFC short shares converted to BAC short shares?
    Jun 22 10:41 am |Rating: 0 0 |Link to Comment
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