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CPI Corp. Message Board

  • holywallst holywallst Dec 24, 2011 6:31 PM Flag

    Short squeeze may happen but at 50 cents

    I agree there is a big chance of short squeeze but you longs have the numbers all wrong.

    Look at AMR or EK or other stocks in/near bankruptcy. They all had rallies too (short squeezes) but only after they reached the sub $1 level

    So once this goes to 50 cents, sure you may get a rally to 90 cents or so