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Short Squeeze, Gap Fill May Be Driving Petmed Shares
Tuesday, October 24, 2017 - 11:02am | 413Petmed Express Inc (NASDAQ: PETS) is coming back down to earth Tuesday after a huge 18-percent gain to start the week. Investors were clearly impressed by the stock’s big earnings beat Monday, but the magnitude of Monday’s move suggests short covering may have played a role in the big...
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Will A Move Over $5 Finally Get JC Penney Going?
Thursday, July 13, 2017 - 1:31pm | 491Battered retail stock J C Penney Company Inc. (NYSE: JCP) is up over 7 percent Thursday after the company announced it will be adding toy shops inside all its brick-and-mortar locations. JC Penney has doubled its online toy offerings in the past year in an effort “to compete with pure e-...
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A New Trend Or An Outlier: Sears Has Strung Together Several Earnings Beats In A Row
Tuesday, May 30, 2017 - 8:43am | 616Last week, Sears Holdings Corp (NASDAQ: SHLD) reported its fifth consecutive quarterly earnings beat. If taken out of context, Sears sounds like a company doing everything right. However, Wall Street knows better. Sears shares are down 59.3 percent since the beginning of 2016, as investors are...
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One Of The Loudest Barking Dogs On The Street
Tuesday, May 16, 2017 - 12:03pm | 4303D Systems Corporation (NYSE: DDD) has been one of the more volatile and unpredictable stocks in the market in the past few years. The stock has made huge bull and bear runs in the past several years. But while market fundamentals have shifted in the 3D printing business, it seems like much of 3D...
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Axon's Big Move May Be Driven By Naked Short Covering
Tuesday, April 11, 2017 - 8:20am | 355Last week, Taser International Inc — previously traded (NASDAQ: TASR), now (NASDAQ: AAXN) — fell after the company announced its offering a free one-year trial of its body cameras to every police officer in the United States. However, in the days since the announcement, the stock has...
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Sears Has Scary Short Squeeze Potential
Thursday, December 29, 2016 - 1:34pm | 322Sears Holdings Corp (NASDAQ: SHLD) shares are up 4.2 percent on Thursday after the company secured yet another funding lifeline to continue its ongoing turnaround strategy. Sears reported it has received a secured standby letter of credit facility, which will provide $200 million–300 million...
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GoPro Has Serious Short Squeeze Potential
Friday, December 16, 2016 - 1:30pm | 311GoPro Inc (NASDAQ: GPRO) shares are up 6.9 percent on fairly heavy volume on Friday. Without any major news driving the move, it’s likely the jump is being driven by a short squeeze. According to shortsqueeze.com, GoPro currently has an extremely high short percent of float of 32.1 percent....