Our shorting bretheren have been partying since earnings. Expanding on the above post -- I think the rate and amount of FED pull-back will please the market, even mildly versus expectations.
If that happens, the shorting that has gone on (ENOC) will need to be covered quickly. So the market could rocket, but ENOC could rocket to a greater degree given the recently aquired level of short interest - a big squeeze.
Got nothing to back that up and just thinking what if. No claim of crystal ball. But I've been around for squeezes in ENOC and they're nuclear. I'm still stuck on BAIRD upgrade at $16.09 the other day saying signifcant upside from there. That's why I've been nibbling sub-15, including down here.