Smoking Securities

Half Baked High Finance

All Time High Short Squeeze ($TUX)

with one comment

Trian Aquisition is a blank check buyout company, so their business model is incomprehensible at best. Nevertheless, the intangible wealth of TUX is far more alluring than concrete inventory, and a stock at all time highs with a short float of 60% is a good place to took for emotional upward momentum.

STEC has made a solid move from 14 to 16 since appearing on my favorite screen. Heavily shorted stocks making new highs become difficult to acquire and are prone to buyers panic.


Written by chucklesamadeus

May 28, 2009 at 5:03 pm

Posted in Finance, TUX

Tagged with ,

One Response

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  1. Help stamp out dishonest short selling.


    May 29, 2009 at 6:51 am

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