Fashion Victims 2.0
Fashion Victims 2.0
I promised a few more short skirt fashion victims – so here we go:
Call me weird but I actually think Paris is pretty hot – something about a promiscuous blond that pushes a button in my depraved brain.
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Again, some of the poor hapless victims I present here are still in the making. Although HRC is pretty overbought right here I have a feeling that it may squeeze a few more bears. The short ratio (days to cover) is between 4.5 and 7.9 based on shortsqueeze.com and finviz.com. Not huge but may be enough to burn it up to 37 – if we get there I’ll grab a helping.
Seems like MGLN had good earnings as investors are falling over each other to bet on the future of a company based on its prior quarter. Days to cover between 5.2 – 5.9. Well, if they get it up to 44.5 I’d be happy to take the other side of that trade.
NGG has its own theme song called Windowlicker – please come up to 44 – please! 🙂
TOT – a.k.a. short burner deluxe. Just see what it did to anyone trying to trade that H&S earlier this year. For this one I’d wait for the neckline revisit. Expect a breach, so keep a healthy stop. Days to cover is 0.5 – 0.8 which is good – less risk of a short squeeze. Still, I won’t touch this until it reaches 54.5 minimum.
UFS is going to take some finesse. I see several setups here. First one is coming up soon – but you’ll have to be patient until 67ish – let’s hope they’ll drive it that high. Short interest ratio is between 3.11 and 3.2. Not huge but again it may be enough to get us to where we can cling to some resistance lines.
Last but not least – WLL – I think Whiting Petroleum is about to go up in flames. Set a stop at 101ish though – if it breaches that things may get out of control.
Alright, that’s it – happy hunting. And if you run into Paris – tell her that she still owes me a lap dance.
Cheers,
Mole
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