So with 26% of the float short, one could almost assume that there is going to be some kind of short squeeze in the next couple of days, I sure wouldn't want to be short going into monday when this stock is going to "seem" cheap at post split prices. I could see this running to $12 per share post split in a matter of a couple of days. Any thoughts?
I agree, one thing about this stock I love is it does tend to get hammered from time to time. I feel it creates a lot of opportunities for short term traders. I tend to trade this stock towards the long side (too much earnings for me to be short...I tend to get burned to often shorting value stocks.) I'm in yesterday at $14.55 and think I will stay with it till mid next week, but do have a stop loss now, in the $15.30 range. GLTA