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

Lindsay Corporation Message Board

  • damnewman damnewman Sep 10, 2009 12:27 PM Flag

    Short Squeeze waiting to Happen

    Is it just me or does this thing have a ton of shorts on this one.
    Yahoo Financials says this is a 12.4 short ratio and a 20.9% short % of float.

    This may tank becase of that, but, if this pops for any reason, there will be a big run up with shorts quickly covering.

    The big question is what will make this thing move to the upside in a threatening manner to the shorts.

    Monsanto announcement doesn't exactly help.
    LNN low blue book is not encouraging.
    More than 100% held by institutions makes it interesting.
    Their debt is less than their cash.
    They have positive cash flow.

    This one looks interesting, in different kinds of ways.

    All I can say, if there is a catalyst to move this to the upside, it can be a fast and furious, but temporary, move up.

    Very interesting.

69.11-0.47(-0.68%)May 27 4:02 PMEDT