Smoking Securities

Half Baked High Finance

New High Short Squeeze ($LINC)

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LINC090701Lincoln Education Services has appeared on my favorite screen in the past week, and I noticed a video via @IBDInvestors on StockTwits, so I figured I’d throw in my two cents.

Clearly education companies do well when people are scared and unemployed, so Wall Street has high expectations for the stock. With a float +20% short, a squeeze may develop as sellers scramble to cover at increasingly higher prices.

LINC looks like a strong investment so long as it stays above 18.89.  Other companies that have recently exhibited this pattern are GMCR, STEC and PALM, all of which appeared on the aforementioned screen.

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Written by chucklesamadeus

July 1, 2009 at 2:25 pm

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