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3 stocks that could soar on a short squeeze
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Monday, December 14, 2009
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From 24/7 Wall Street:

As we saw yesterday, short sellers have increased their bets against several companies that we find interesting and may be acted on. Short sellers had covered their positions in Palm Inc (NASDAQ: PALM) but now they are back for blood with over 56 million shares short. The company has several new phones out and clearly the shorts think they know something. The short position rose by 8,837,683 shares as one of the biggest increases on an absolute basis on NASDAQ.

Every two weeks GoodMorningWallSt.com reviews the Top 50 NASDAQ Jumps in Shorts to identify where the shorts get challenged in the first few days after the short interest is released. Another name with large increases and high short ratios is…

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Topics: Short Selling | Stocks
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