Monday, January 30, 2012

FFN - The Short Squeeze I Said Could Happen is Coming To Fruition

FFN just broke a major technical barrier, its 50 DMA and has its sights set on loftier prices as shorts scramble to cover their over 1 million shares they've borrowed betting on a decline in FFN. Over 20% of the float is short this stock and as they buy back shares, the stock should continue to track higher.

Here is one of the posts I had on FFN