BKS short squeeze

Discussion in 'Stocks' started by Daal, Apr 30, 2012.

  1. Daal

    Daal

    Short as % of float is 67%. Stock is up 100% pre-market on MSFT news. How to play it?
     
  2. By the looks of things did 1/3 of the shorts just got out already? But they're got out just as the longs unloads so no harm done. In fact the price have dropped from $25 to $22 showing more long exits than shorts covering. But the situation is pretty balanced now. Might be a small up side bounce left....