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.

Written by chucklesamadeus

July 1, 2009 at 2:25 pm

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