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Linn Energy, LLC (LINE) Message Board

  • xmikes xmikes Jun 27, 2013 6:16 PM Flag

    Is short squeeze is coming?

    Short interest is almost 6%.
    Is a short squeeze coming that could bump the stock?
    I imagine short sellers are getting nervous and may want to cut their loses.
    Also, ex-div date is coming soon, should cause some upward momentum.
    Am I being naive? It seems a good time to invest heavily.
    I have some long, but might pull the trigger for a lot more.
    When short interest goes down below 3%, I can take some profits and reinvest somewhere else.
    Also, Berry acquisition should give a bump as well, due to increased dividends.
    Will the shorts go all-in and continue to sell, or cut their losses and move on to another target?
    I just don't see any fundamental changes that caused the 4% drop today other than short selling.
    And that cannot go on forever, soon there will be a short squeeze and these guys will be losing money.

 
LINE
13.49-0.140(-1.03%)May 6 4:00 PMEDT