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Short Squeezies

Short Squeezies

by The MoleMarch 3, 2009

UPDATE 12:48pm EST: I’ve looked around and came up with two charts I like:

Mmmmh – juicy…

VRTX – that one is stretched to the max. Could be a good long entry.

COCO – my 2nd favorite – not as squeezed.

There are a lot more but I have certain requirements in regards to volume and minimum price of the underlying. Then I’ve sifted out anything that has highway robbers price their options.

Thoughts appreciated.

UPDATE 1:01pm EST: Standard_and_poor posted a few good longs (not short squeezed but still look good to me). I like the following: RIMM, AAPL, DRYS.

UPDATE 1:16pm EST: Our lovely Keirsten posted a few symbols which I would categorize under ‘completely shot to hell’. My favorites: CEG, D, ED, GID, RTN.

Looking at the latest poll I see a mixed response – better to keep the Lite off the Zero chart for now. I don’t want to confuse you guys.

UPDATE 1:32pm EST: Someone mentioned their fervent wish for PALM to turn over and die:

That looks like some solid support here.

Check out how many days it would take to cover all the shorts. I think once this gets going it’ll be nasty.

BTW, for all you verbose rats – I’m not saying that we’ll rally right now. But when the market drops like this I’m in the habit of shopping for long candidates. Just picking my future victims- what I’m posting here is mostly for 4 of (5) of {1} and eventually 1 of (1) of {2}.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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