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Pacific Sunwear of California Inc. Message Board

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  • pouchdepotinc pouchdepotinc Aug 31, 2011 4:45 PM Flag

    Just wondering ?

    short covering...their up side is only a 1.50 if this goes bust, which it is ntot even close to,,, the down side is a buy out at $5.00 or more. The Greeks took PIR from 1.00 to 11.00 in less than a year... I am buying more. A little more every day...soon the shorts will scramble to cover.. The short interest is down over 500,000 shares in the past week...they have to buy slow, other wise this stock is up to 3-4 in no time....its called a MAJOR short squeeze...Don't hold this for a buy out... Hold it for the short squeeze... This Company with it's new buyers and new management will turn the corner this year...

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