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Hello Folks !! Early in the morning, I found any interesting financial blog "Blog My Brain" that is providing a list of greatly undervalued stocks ordered by Short % of Float. Above list (Updated: 4/14/2008) is just a small part of the list that you can find within the website www.blogmybrain.com. For many people the term "Short Squeezes " is something unknown, but basically Short Squeezes happen when a bearish stock turns around, creating elevated prices that forces the shorts to buy to cover, which in turn takes the price even higher. So, if you are interested to know which the stocks are presently more vulnerable to this situation check the list above. Stocks have been ordered by Short % of Float, the Low, Med, and High IRR represent the expected annual gain modeled by conservative, normal, and aggressive growth outlook. The higher the IRR, the more undervalued the stock. A high IRR with a high Short % of Float is a recipe for short squeeze. Honestly speaking, I usually use this to bet on stocks with high probability of this situation occur. Please, see above 16 undervalued stocks ordered by Short % of Float.
Labels: Stocks