UA a buy?

Discussion in 'Stocks' started by jnaylor07, Feb 27, 2008.

  1. jnaylor07


    Under Armour (UA) is down 5% today seemingly on no news. This is a heavily shorted stock (37.5% of float). I'd appreciate responses to the following prompts:

    1. Why is UA so heavily shorted?

    2. Is it a buy at these levels (around $38.8) with its short squeeze potential?