OT - CCME shorts are starting to cover beginning today ......
I've watched every trade in the stock for months and understand how it trades. With the way the stock's trading today, there's DEFINITELY some short covering and probably just the beginning. With most likely 6 million shares short as we'll see on 1-11-11 along with more and more investors coming into the stock when there's basically ZERO shares to borrow for shorting any more, she's about to bust wide open.
CHGS ? Total junk that used the pump and dump to dilute and the PP investors definitely took short positions as a hedge before ever agreeing to fork over $10 million.
I'll keep a close eye on CCME, as I like the stock and would like to start a position. thanks.
you may want to look at HOLI. its consolidating now at $16 after an Acending Triple Top Breakout on Jan 3, and has a bullish pps target of $30.00 (I've owned it since $3 and it is a rock solid long-term hold):