Fri, Nov 21, 2014, 12:58 PM EST - U.S. Markets close in 3 hrs 2 mins

Recent

% | $
Quotes you view appear here for quick access.

Agree Realty Corp. Message Board

  • bigradster bigradster Feb 17, 2011 10:16 AM Flag

    Short Squeeze starting

    BTW, I warned shorts to cover yesterday. This is easy money, I think we hit $28 when Borders emerges from bk, if not sooner.

    Janney Montgomery Scott Upgrades Agree Realty (ADC) to Buy; Borders Scare Passing
    7:04 am ET 02/17/2011 - StreetInsider

    Janney Montgomery Scott upgraded Agree Realty (NYSE: ADC) to Buy. PT $28. JMS analyst says, " With Borders (NYSE: BGP) intending to close just 5 of Agree's 13 retail locations, we look for the REIT to rebound meaningfully in coming days as the BGP overhang dissipates and portfolio value is re-established. " "Short interest in Agree has climbed from 229k shares on 12/15/10, to 842k at 1/31/11 and currently represents 13x daily trading volume. Positions spiked following the Borders announcement that it was suspending vendor payments, and Agree's limited float may cause a short squeeze." For more ratings news on Agree Realty click here and for the rating history of Agree Realty click here. Shares of Agree Realty closed at $23.63 yesterday, with a 52 week range of $19.91-$29.25.

 
ADC
30.26-0.10(-0.33%)12:56 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.