Article on Seeking Alpha: Both Apollo And Career Education Shares Went Parabolic This Week. Which One To Short?
Says that much of APOLLO's share price jump last week was due to a massive short squeeze -- and only partially due to longs buying.
In addition, it says
..."Next week, don't be surprised if analysts step out of the wordwork to declare that APOL has gone too far, too fast - and it'll retrace back to $25 or below.
CECO will probably be left alone because their fundamental picture and their balance sheet have dramatically changed for the better and the short interest metrics prove that CECO's rise couldn't have been driven by a short squeeze nearly as much as APOL's rise.
Short squeezes often implode rapidly once short-covering activity winds down. Such might be the case with APOL"